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4.3% inflation drop might be temporary
Summary by Sunday World
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4.3% inflation drop might be temporary
Inflation has dropped 4.3% in July for the first time in five months after reaching an all-time high in two years in June. Christelle Grobler, Standard Bank macro-economic analyst, said the inflation was lower than expected and might be temporary as diesel prices showed an increase in August, prompting a fuel increase in September. READ: Sharp diesel, paraffin price hikes overshadown petrol, LP gas relief The lower consumer inflation was driven …
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