Price inflation is lower

CONSUMER price inflation came in lower than expected in September, Stats SA said yesterday, inching closer to the SA Reserve Bank's target band.

CONSUMER price inflation came in lower than expected in September, Stats SA said yesterday, inching closer to the SA Reserve Bank's target band.

The rise in September CPI slowed to 6,1% year-on-year from 6,4% and was at 0,4% on a monthly basis compared with 0,3% in August - both readings slightly below market consensus of 6,2% and 0,5%. - Reuters

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