South Africa inflation falls to 3% in February

The big economics story of the day, inflation slowed to 3% in February, from 3.5% the previous month However, a month ago, it looked quite clear the reserve bank would be cutting rates but now that is extremely unlikely given the higher oil prices and the weaker rand. Tehillah Niselow spoke to Patric Kelly Chief Director, responsible for Price Statistics.See omnystudio.com/listener for privacy information.