Loading
30-Sep-2010 7:51 AM

South African inflation eases to 3.5%; surge in rand reduces costs

Statistics South Africa stated (29-Sep-2010) inflation slowed from 3.7% in Jul-2010 to 3.5% in Aug-2010 as the gain in the rand (the rand has climbed approximately 10% against the US Dollar this quarter) and lower gasoline costs helped to curb prices, keeping inflation in the 3-6% target range. 

Want More News Like This?

CAPA Membership gives you access to all news and analysis on the site, along with access to many areas of our comprehensive databases and toolsets.
Find Out More