Why the inflation rate increased for the first time in three months

February inflation inched up to 4.1% year-on-year from 4% in January, the first rise in three months sparked by food and transport price increases. January retail sales in the meantime recorded positive growth of 1,2% in January after a shock decline in December.

Dennis Dykes the Chief Economist at Nedbank spoke to Business Day TV on what these prints suggest about the direction of the economy given the Eskom electricity supply crisis along with the tariff hike and fuel levy increases which take effect in April.