JOHANNESBURG, April 18 (Reuters) – South Africa’s consumer
inflation slowed to 6.0 percent year-on-year in March, in line
with market consensus, from 6.1 percent in February, Statistics
South Africa said on Wednesday.
On a month-on-month basis, inflation quickened to 1.1
percent, compared to 0.6 percent in February – also as
economists’ had expected.
Inflation is now at the upper end of the central bank’s 3-6
percent target band.
(Reporting by Xola Potelwa; Editing by Jon Herskovitz)
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