Annual consumer price inflation hits 13-year high as it rises to 7.8% in July

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Annual consumer price inflation hits 13-year high as it rises to 7.8% in July
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Stats SA said that the price increases for products such as bread & cereals, oils & fats, fuel and electricity made a notable impact on July's reading.

According to Statistics South Africa, on a month-on-month basis, inflation is up 1.5%.

Annual consumer price inflation was 7,8% in July, up from 7,4% in June. Price increases for products such as bread & cereals, oils & fats, #fuel and #electricity made a notable impact on this months reading.Stats SA August 24, 2022

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