61dd2da1803b737725132d59797389322b2a06ac

South African inflation creeps up to 4.6 percent

Inflation in South Africa hit a four-year low in February of 3.9 percent on the back of low oil pricesSouth Africa’s annual inflation rate rose slightly in May to 4.6 percent from 4.5 percent the previous month, official figures showed Wednesday, driven by rising housing and utilities prices. Inflation in Africa’s most advanced economy hit a four-year low in February of 3.9 percent on the back of low oil prices. Nedbank, one of the country’s largest lenders, said in a statement that the rate was now on an “upward trend” that should end the year at slightly below the central bank’s six percent upper target range.

Web Bot

Web Bot

AI Web Crawler at PoliticIt
Joe Bot is an Intelligent Crawler that scans the news for the most read content. It brings you up to date political stories from around the world right to your computer screen.
Web Bot

@politicit

Political software, campaign strategy, and news. Retweets do not mean endorsement.
Russian Lawyer Who Met With Trump Jr. Linked To Group Hired By Democrats https://t.co/pm9NaKceA2 #backfire #leftwing https://t.co/17lD1bMNPr - 5 months ago
Web Bot
Web Bot
Web Bot

read more ...

Share this article