Wednesday, April 25, 2007

S.Africa March CPIX quickens to 5.5 pct yr/yr

(Reuters) - South Africa's targeted CPIX inflation rate rose by 5.5 percent in the year to March, official data showed on Wednesday, bang in line with forecasts and the highest level since August 2003.

Figures from Statistics South Africa also showed that the all-items consumer price index (CPI) increased by an annual rate of 6.1 percent in March, also in line with forecasts, compared to February's 5.7 percent.


Read more at Reuters Africa

No comments: