Johannesburg (AFP) - South
Africa's annual inflation rate accelerated by half a percentage point to
4.5 percent in April, official figures showed Wednesday, as the effect
of low oil prices started to fade.
Inflation in Africa's most
advanced economy reached its trough in February when it hit a four-year
low of 3.9 percent on the back of low oil prices.
Follow us on Facebook:
PEFM 87.6
Follow us on Twitter:
@PEFMnews
Listen to us on streaming internet radio at: Tunein and from our website at: PEFM
International Correspondent Scott Congdon can be reached at:
Mail: scottcpefm@gmail.com
*Note: Views expressed in the commentaries on this website are those of individual authors and not necessarily those of PEFM 87.6or our presenters or correspondents. Quotes are obviously the opinion of the source. A quote is just a quote and these are offered without comment. Use of a news story or commentary is not an endorsement of the source website.
© PEFM 87.6
No comments:
Post a Comment