Inflation: PMB still higher than average

2008-05-28 00:00

THE latest consumer inflation rate released yesterday, which came in markedly above expectations, almost certainly means that the SA Reserve Bank will raise interest rates when its monetary policy committee meets during the second week of next month.

Pietermaritzburg continues to experience above-average inflation. Food inflation in the city grew to 16,6% in April. publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

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