February 21, 2018 / 8:44 AM / in 6 months

South Africa's CPI slows to 4.4 percent year/year in January

JOHANNESBURG (Reuters) - South Africa’s headline consumer inflation slowed to 4.4 percent year-on-year in January from 4.7 percent in December, data from Statistics South Africa showed on Wednesday.

A shopper looks for items at an informal shop piloted by Pick n Pay in Soweto, South Africa February 25, 2016. REUTERS/Siphiwe Sibeko/File Photo

On a month-on-month basis, inflation eased to 0.3 percent in January from 0.5 percent in December.

Core inflation, which excludes the prices of food, non-alcoholic beverages, petrol and energy, fell to 4.1 percent year-on-year in January from 4.2 percent in December, while on a month-on-month basis it slowed to 0.2 percent from 0.3 percent previously.

Reporting by James Macharia; Editing by Raissa Kasolowsky

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