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CPIX hits 10.9%

NEWSWATCH: The Consumer Price Index (CPIX), excluding interest on mortgage bonds, has breached expectation to hit 10.9% in May, it was announced earlier today, 25 June 2008. It was anticipated to reach only 10.8% after it's rise to 10.4% in April. Analysts have forewarned consumers that interest rates may go up again.

25 Jun 2008

For more:

SABC News: South Africa's May CPI-X has risen to 10.9%
Radio 702: CPIX higher than expected
Business Report: Higher CPIX may prompt another rate hike

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