Inflation in South Africa declines amid lower fuel prices

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Source: Bloomberg
© Scanpix/Reuters
According to the new data from South African Statistical Bureau, annual inflation rate in the country dropped, reaching 6% in September of this year, from 6.4% a month earlier. As s result, the rate reached the central bank's target range of 3-6%. On the monthly basis prices have added 0.5%. The main reason for annual inflation decrease was a fuel prices fall that made transportation costs cheaper.
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