South Africa's inflation dropped sharply in September, hitting its lowest level in more than three years and bolstering expectations for another interest rate cut by the central bank next month. Annual consumer price inflation slowed to 3.

Economists expect good news for inflation today – with some expecting an even bigger cut to interest rates in November.

South Africa's headline consumer inflation fell slightly more than expected in September, to 3.8% year on year from 4.4% in August , data from the statistics agency showed on Wednesday.

The number of people in South Africa able to meet their minimum nutritional needs slipped last year, as a weak economy and inflationary pressures hit households and deepened food insecurity.