South Africa’s Inflation Slows To 4.1% In September

South Africa’s Inflation Slows To 4.1% In September
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South Africa’s headline consumer inflation slowed to 4.1 percent year-on-year in September, from 4.3 percent in August, data from Statistics South Africa showed on Wednesday.

On a month-on-month basis, price-growth was flat, at 0.3 percent, the same rate of increase as in the previous month.

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Core inflation – which excludes the prices of food, non-alcoholic beverages, petrol and energy – slowed to 4 percent year-on-year in September versus 4.3 percent in August, while on a month-on-month basis prices rose 0.2 percent, compared with a 0.1 percent increase in the prior month. (Reuters/NAN)

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