Johannesburg - Consumer price inflation
(CPI) eased further to 4.9% in July, Statistics South Africa said on
"The official inflation rate (the
percentage change in the CPI for all urban areas in July 2012
compared with that in July 2011) was 4.9% at July 2012," the
agency said in a brief statement.
This rate was 0.6% lower than the
corresponding annual rate of 5.5% in June.
Inflation has been on a downward trend
since April this year, when it reached 6.1%.
*Follow Fin24 on Twitter, Facebook and