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South Africa’s August inflation quickens to 5 pct y/y

19 September 2012 By admin

JOHANNESBURG, Sept 19 (Reuters) – South Africa’s consumer
inflation ticked up to 5.0 percent year-on-year in August, in
line with market expectations, from 4.9 percent in July,
Statistics South Africa said on Wednesday.

On a month-on-month basis, inflation eased to 0.2 percent
compared with 0.3 percent in July and against economists’
expectations that it would remain steady at 0.3 percent.

(Reporting by Xola Potelwa)

© Thomson Reuters 2012 All rights reserved





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Filed Under: South Africa Tagged With: news, reuters, south africa

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