The food inflation decelerat

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The food inflation decelerat

Сообщение DMT » Пт май 17, 2019 9:55 am

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JOHANNESBURG, Sept. 20 (Xinhua) -- The South Africa inflationjumped to 4.8 percent year-on-year in August from 4.6 percent inJuly Shawn Kemp Jersey , according to figures released by Statistics SA onWednesday.


The consumer price index (CPI) climbed up as expected by themarket, thanks to the increases in the fuel price.


"It was expected that fuel induced inflation would jump to 4.9percent," Rand Merchant Bank analyst Gordon Kerr said in aninvestor meeting on Wednesday in Johannesburg.


The August inflation figures are still within the Reserve Bankbases of 3 to 6 percent target and has been within that band sinceApril this year.


The food inflation decelerated to 5.7 percent year-on-year inAugust from 6.8 percent in the previous month.


"This is the lowest levels since November 2015, thanks to goodsummer rain Dennis Schroder Thunder Jersey , which led to a higher agricultural output. While weexpect further moderation in the next few months, the picture ofthe food basket remains mixed," Wandile Sihlobo an economist atAgbiz told Xinhua on Wednesday.


"All food products have decelerated, with the exception of meatwhich remains stickier Paul George Thunder Jersey , recording 15 percent year-on-year in August2017, which is the highest level since December 2011. This is onthe back of the spreading avian influenza and cattle restockingprocess after the 2015-16 drought," he added.


The increase in meat inflation came as no surprise given thatover 3 million birds have been culled or died due to the spread ofavian influe. Cheap Vapormax White Cheap Vapormax Cheap Vapormax Shoes Cheap Air Vapormax Shoes Cheap Nike Air Max 90 Cheap Nike Air Max 90 Kids Cheap Nike Air Max 90 Blue Under Armour Shoes Sale Under Armour Shoes Sale Under Armour Shoes Outlet
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