South African consumers can breathe a sigh of relief as inflation eases from 3,5-percent in January, to 3-percent in February. However, analysts say the positive momentum in the form of lower prices is expected to take a negative turn amid the ongoing conflict in the Middle East. The latest data released by Statistics South Africa shows that contributions to the 3-percent annual consumer price inflation rate came from housing and utilities, food and non-alcoholic beverages, as well as insurance and financial services. This latest print brings the inflation rate in line with the Reserve Bank's new 3-percent inflation target. SABC Economics reporter Naledi Mabitsela-Ngcobo reports .....

<p>South African consumers can breathe a sigh of relief as inflation eases from 3,5-percent in January, to 3-percent in February. However, analysts say the positive momentum in the form of lower prices is expected to take a negative turn amid the ongoing conflict in the Middle East. The latest data released by Statistics South Africa shows that contributions to the 3-percent annual consumer price inflation rate came from housing and utilities, food and non-alcoholic beverages, as well as insurance and financial services. This latest print brings the inflation rate in line with the Reserve Bank's new 3-percent inflation target. SABC Economics reporter Naledi Mabitsela-Ngcobo reports .....</p>

An English news and current affairs wrap with a fresh take on the day’s top stories, hosted by the seasoned journalist Tsepiso Makwetla.

<p>An English news and current affairs wrap with a fresh take on the day&rsquo;s top stories, hosted by the seasoned journalist Tsepiso Makwetla.</p>