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Economists welcome latest consumer price inflation decrease

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Economists have welcomed the latest drop in consumer price inflation which is a a four year low from three-point-eight percent in September to two-point-eight in October 2024. The CPI now stands at its lowest since June 2020 during the COVID 19 pandemic when the rate was two-point-two percent. Falling fuel prices remain the primary factor behind the slowdown. Here is Patrick Kelly, Chief Director for Price Statistics at Stats SA explaining. Sakina Kamwendo spoke to Chief Economist at Efficient Group, Dawie Roodt 

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