South Africa's consumer price inflation increased unexpectedly in October, figures from Statistics South Africa showed on Wednesday.
The consumer price index rose 7.6 percent year-on-year in October, following a 7.5 percent increase in September. Economists had expected the inflation rate to slow to 7.4 percent.
The core inflation, which excludes prices of non-alcoholic beverages, fuels and energy, rose to 5.0 percent in October.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.