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South Africa CPI flat at 4.9% year-on-year in September

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South Africa’s headline consumer inflation was flat at 4.9% year-on-year in September, data from Statistics South Africa showed on Wednesday.

On a month-on-month basis, inflation quickened to 0.5% in September after contracting by 0.1% in August.

Core inflation, which excludes the prices of food, non-alcoholic beverages, petrol and energy, was unchanged at 4.2% year-on-year in September.

On a month-on-month basis core inflation was at 0.5% in September from 0.0% previously.

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