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South Africa Inflation Rises In May

South Africa's consumer price inflation rose in May after slowing in the previous month, data from Statistics South Africa showed on Wednesday.

The consumer price index rose 4.5 percent year-on-year in May, after a 4.4 percent increase in April. Economists had expected inflation to remain unchanged.

The main contribution to the annual inflation came from food and non-alcoholic beverages, housing and utilities, transport and miscellaneous goods and services.

Excluding food and non-alcoholic beverages, fuels and energy, inflation was 4.1 percent.

On a month-on-month basis, consumer prices rose 0.3 percent in May.

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