SA consumer inflation brakes to almost five-year low of 2.7% in March

Daily Maverick

South Africa’s March CPI slowed to 2.7% due to lower fuel prices and moderated education costs. The reading is below the target range of 3% to 6%, but may not prompt a rate cut by the Reserve Bank in the upcoming MPC meeting. Students’ ‘Fees Must Fall’ protests have not led to significant fee reductions.
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