In another twist involving the public protector’s office‚ the Minister of Co-operative Governance an.
South Africa's inflation in December was lower when based on the new consumer price index basket, compared to the old CPIX measure.
The new targeted measure of price growth between January and December last year fell to 7,7 percent from the old measure's 10,3 percent.
This is a key fact for analysts working out expectations for inflation going forward. CPI will become South Africa's new 3 to 6 percent targeted measure from next month. - I-Net Bridge