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Wednesday, April 28, 2010

Inflation slows to 5.1% in March

The Consumer Price Index (CPI) was up 5.1% year-on-year in March, data released by Statistics South Africa showed today.

This was down from 5.7% in February.

CPI was at 0.8% month-on-month from 0.6% in February.

CPI was expected to have registered 5.1% year-on-year, according to a survey of leading economists by I-Net Bridge.

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