In month-on-month terms, inflation was at 0.2% in May compared to 0.3% a month before, Statistics SA said.

The SA Reserve Bank has kept its main interest rate at its highest level since 2009 for more than a year to try to steer inflation to 4.5%, the midpoint of its target band.

The central bank said at last month's monetary policy meeting that it remained concerned over elevated inflation expectations, estimating that inflation would only stabilise at 4.5% in the second quarter of 2025.

--Reuters--