South Africa inflation hits five-year high | The Guardian Nigeria News - Nigeria and World News

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South Africa's consumer prices rose to a five-year high in May, exceeding the central bank's stated target, official data showed Wednesday.

South Africa’s consumer prices rose to a five-year high in May, exceeding the central bank’s stated target, official data showed Wednesday.

The central bank of Africa’s most industrialised power had sought to keep inflation within a range of three to six percent.

 

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