South Africa inflation jumps more than expected in June | CNBC Africa

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FILE PHOTO: A customer compares prices while shopping at a Pick and Pay shop in East London, in the Eastern Cape province, South Africa, March 17, 2023. REUTERS/Siphiwe Sibeko/File Photo

JOHANNESBURG, July 22 (Reuters) – South Africa’s headline consumer inflation accelerated faster than expected to 5.0% year on year in June from 4.5% in May, data from the statistics agency showed on Wednesday.

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