South Africa's inflation rises sharply on food and fuel prices

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South Africa's inflation rises sharply on food and fuel prices
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Grandpere’s love builds a Viking ship in West Pubnico | SaltWireJOHANNESBURG - Inflation in South Africa rose sharply in September but stayed within the central bank's target range, fuelling analysts' expectations that interest rates would be left unchanged next month.

The South African Reserve Bank targets inflation between 3% and 6% and prefers to see it around the midpoint of that range. Kruger also cautioned that the impact of a poultry crisis in the country on food inflation would only be seen in the October print.

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