All eyes on CPI data

July's consumer price index excluding mortgages (CPIX) is expected to worsen to more than 13percent from June's 11,6percent when Statistics South Africa reports inflation data on Wednesday. But, more focus is likely to fall on the broader consumer price index (CPI) after Finance Minister Trevor Manuel said this rather than CPIX would be used as the Reserve Bank's yardstick for interest rate decisions from next year. - Robert Laing

July's consumer price index excluding mortgages (CPIX) is expected to worsen to more than 13percent from June's 11,6percent when Statistics South Africa reports inflation data on Wednesday. But, more focus is likely to fall on the broader consumer price index (CPI) after Finance Minister Trevor Manuel said this rather than CPIX would be used as the Reserve Bank's yardstick for interest rate decisions from next year. - Robert Laing

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