South Africa's inflation rate rose to 5.6% year-on-year in February, marking a second consecutive month of increase, Statistics South Africa has revealed.
According to Reuters, this uptick in consumer inflation, up from 5.3% in January, indicates a persistent challenge for consumers.
The latest data from Stats SA reveals a continuous rise in inflation, with the annual consumer inflation quickening from 5.1% in December to 5.6% in February.
The inflation figures from March 20 underscore a concerning trend of rising consumer prices, posing challenges for the country's economy and its citizens.
