SA inflation at 4-year low

South Africa's targeted measure of annual consumer price inflation slowed more than expected in July, official data showed, backing the case for an interest rate cut on September 9.

Statistics South Africa said on Wednesday CPI slowed to 3.7 percent year-on-year, its lowest since April 2006.  It braked from 4.2 percent in June and was lower than market expectations of 4.0 percent.

On a month-on-month basis, CPI quickened to 0.6 percent, from 0.0 percent in June, and also lower than the 0.9 percent expectation.

Editor's Comment
Congratulations Anicia Gaothuse!

The contest had 10 beautiful young girls as finalists and unfortunately only one could wear the crown.The judges picked Anicia Gaothuse. To all those who feel their contestant should have won ahead of Anicia for whatever reason, hardly; the judges found Anicia to be the best among the best, so desist from disrespecting our newly crowned queen on social media or anywhere else, for that matter! Each of the 10 beautiful young women had supporters...

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