Wednesday, 24 August 2016 11:17
July CPI inflation slows, but the low income groups are still being hit hard by rampant food price inflation
The July Consumer Price Index (CPI) year-on-year inflation rate slowed from a previous month’s 6.3% to 6.0%, thus sitting virtually in the 6% upper limit of the SARB’s (Reserve Bank) 3-6% inflation target range.
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