<p><img src="https://biz-file.com/c/2501/762840-208x117.jpg?5" width="208" height="117" alt="Inflation is down, but construction industry must still play safe" align="left"><p>South Africa’s annual headline consumer inflation rate reached 3.0% in December 2024, a slight increase from 2.9% in November, according to Statistics SA. While this is still a modest uptick, it is well below the Bloomberg market consensus of 3.2% and a significant drop from the 2024 annual average of 4.4%. This relatively low inflation environment has important implications for the cost of construction and infrastructure projects, particularly as businesses navigate an economic landscape shaped by volatile material prices and high borrowing costs.</p><br> <a href="https://www.bizcommunity.com/article/inflation-is-down-but-construction-industry-must-still-play-safe-697801a">Read more...</a> | <a href="https://www.bizcommunity.com/Request/SendToEmailRedirect.aspx?ct=1&ci=254801">Send to a friend</a></p><div style="clear:left"></div>
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