Inflation for 2017 remains within the target band

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Cape Town – The average annual consumer price inflation was 5.3% for 2017 – still within the 3% to 6% target band.

According to data from Statistics South Africa released on Wednesday, inflation for December was 4.7%, up from 4.6% reported in November.

Inflation increased 0.5% month-on-month for December.

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