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31 May 2007

South African CPIX increases to 6.3% year-on-year in April

The South African CPIX (consumer price index excluding interest rates on mortgage bonds), has risen from 5.5% to 6.3% year-on-year in April. This is due to an 8.6% increase in food prices, 5.5% rise in housing costs and 7.6% growth in transport costs.

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Franklin + Andrews

eru@franklinandrews.com

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