JOHANNESBURG, July 18 (Reuters) – South Africa’s consumer
inflation slowed more than expected to 5.5 percent year-on-year
in June from 5.7 percent in May, Statistics South Africa said on
Wednesday.
On a month-on-month basis inflation quickened slighly to 0.2
percent compared to 0.1 percent in May.
Economists in a Reuters poll had expected CPI to ease to 5.6
percent year-on-year but quicken to 0.3 percent on a monthly
basis.
(Reporting by Xola Potelwa; Editing by Ed Cropley)
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