The South African rand was down about 0.8% on Wednesday, October 14, at 14:15 UTC, trading at 16.62 to the dollar, after US inflation data was published, according to quotes reported by Reuters.
US consumer prices rose 0.6% in September from August, after a 0.4% increase the previous month, the Bureau of Labor Statistics announced on Wednesday. These monthly changes are seasonally adjusted. Over twelve months, inflation reached 3.7%, compared with 3.4% in August.
The rise in gasoline prices, of 9.1% in September after seasonal adjustment, accounts for more than half of the monthly increase in the headline index. The energy index rose 5.2% over the month.
Excluding food and energy, prices rose 0.3% in September, as in August, and 2.6% over the year, after 2.4% the previous month. The next monthly price index will be published on November 10, the BLS said.
Updated on October 14, 2026 at 21:54, Benin time. The article incorporates the rand quote for October 14 and the US inflation results published on that day.