Inflation eases even more than expected
There was some upward pressure from increased electricity prices, but this was offset by the decline in domestic fuel prices
21 August 2019 - 10:32
Inflation eased more than expected to 4% in July.
Measured by the annual change in the consumer price index (CPI), inflation moderated from June’s 4.5% — remaining well within the Reserve Bank’s 3%-6% target band. Economists polled by Bloomberg expected inflation to ease to 4.3%...
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