Inflation breaches Reseve Bank target of 6%

The Consumer Price Index (CPI) remained at 6.1% in December, Statistics South Africa (Stats SA) said on Wednesday. “The headline CPI annual inflation rate in December 2011 was 6.1%. This rate was the same as the corresponding annual rate of 6.1% in November 2011,” noted Stats SA. Market expectation was that it would rise to
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