Factory inflation slows to 10,4%

Factory-gate inflation eased to an expected 10,4percent in June from the same month a year ago, slowing from May's 11,3percent thanks to the rand's strengthening performance. The main upward pressure came from a massive 42,4percent jump in electricity prices between May and June due to Eskom's shift to its winter tariff system. - Staff Reporter

Factory-gate inflation eased to an expected 10,4percent in June from the same month a year ago, slowing from May's 11,3percent thanks to the rand's strengthening performance. The main upward pressure came from a massive 42,4percent jump in electricity prices between May and June due to Eskom's shift to its winter tariff system. - Staff Reporter

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