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Inflation likely to go up

    JOHANNESBURG

    Recent fuel price increases and a forecast rise in civil service salaries are expected to put an end to the drop in inflation levels recorded during the past three months, according the latest Citi Bank newsletter. The independent daily, 'The Post', quoted the report as saying: "All these factors point to an upward trend in the price of goods and services and therefore inflation, and in view of the foregoing we expect the level of
    inflation to assume an upward trend." Inflation stood at 28.5 percent in March.

    This article was produced by IRIN News while it was part of the United Nations Office for the Coordination of Humanitarian Affairs. Please send queries on copyright or liability to the UN. For more information: https://shop.un.org/rights-permissions

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