SA's CPI slows further, door open for rate cut
Thursday, June 24, 2010
Statistics South Africa said yesterday headline inflation slowed to 4.6 percent year-on-year in May, bang in line with Reuters' forecasts and the lowest reading since May 2006, from 4.8 percent in April.
On a monthly basis, CPI was steady at 0.2 percent, also in line with expectations.
The Ministry of Agriculture, local producers, retailers, and industry associations must work together to overcome the obstacles hindering vegetable production and distribution.This collaborative approach is essential to improve the availability, quality, and affordability of vegetables in the market.Firstly, the Ministry of Agriculture should provide support and guidance to local farmers to enhance their productivity and efficiency. This could...