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New inflation data is bad news for food prices in South Africa.

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Statistics South Africa has published its latest consumer price index, showing that annual consumer price inflation remains above the upper limit of the Reserve Bank’s target range for a fourth consecutive month.
Annual consumer price inflation was 7.6% in August 2022, down from 7.8% in July 2022. The consumer price index increased by 0.2% month-on-month in August 2022.
21 Sep 2022 10AM English South Africa Business News · Investing

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