Headline consumer inflation in South Africa fell to 4.4% year-on-year in August from 4.6% in July, Statistics South Africa announced on Wednesday.
The 4.4% reading was slightly lower than the expected number, which spells good news for consumers in the country.
Economists polled by Reuters had forecast inflation would fall to 4.5%, taking it to the midpoint of the central bank's target range for the first time in more than three years.
This paves the way for a rate cut to be announced by the South African Reserve Bank tomorrow.
In month-on-month terms inflation was at 0.1% in August compared to 0.4% a month before.
