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Inflation: Power hikes to kick in

Source: News 24
Johannesburg : South Africa | 3 months ago
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Larger than expected electricity increases in July pose upside risks to inflation forecasts, and indicate that the 13% year-on-year (y/y) increase in July is probably not the peak. The fuel and power component, of which electricity constitutes the bulk, rose by 23% month-on-month (m/m) in July to...

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