Inflation is down to 3% — but don’t celebrate too hard

Inflation eased again in February, and on the surface that sounds like the kind of number South Africans have been waiting for.
But the catch is brutal: this figure is already looking backwards. In this moment from Number of the Day, Gareth Edwards and Francis Herd unpack why February’s lower inflation print may not hold for very long and why some economists are already warning that things could turn sharply by April. A good number, a short-lived sigh of relief, and a much bigger question hanging over what comes next. #eNCA

Watch the full episode here: https://www.enca.com/videos/number-day-18-march-2026-3