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South Africa's consumer price inflation cools down further from 4,6% in July to 4,4% in August 2024

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Consumers can breathe a sigh of relief as prices ease to their lowest level in three years. This as data released by Statistics South Africa shows that the consumer price inflation has cooled down further from 4,6% in July to 4,4% in August 2024. Stats SA notes the contributions to the decline came from transport, housing, restaurants and hotels. Udo spoke to Economic Advisor to the Optimum Financial Services Group, Dr Roelof Botha

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