South African consumer inflation quickens to 4.5% in May
JOHANNESBURG, June 19 (Reuters) - South Africa's headline consumer inflation inched higher to 4.5% year on year in May from 4.4% in April, data from Statistics South Africa showed on Wednesday.
On a month-on-month basis prices rose 0.3% from a 0.6% increase previously.
Core inflation - which excludes the prices of food, non-alcoholic beverages, petrol and energy - was at 4.1% year on year versus a 4.1% increase in April, and was at 0.0% month on month compared to 0.3% increase last month.
(Reporting by Mfuneko Toyana; Editing by Olivia Kumwenda-Mtambo)
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