“No choice” price increases hit South Africa hard: Mike Schüssler
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“No choice” price increases hit South Africa hard: Mike Schüssler
State-administered prices are clearly structurally keeping inflation higher in South Africa and would constrain a transition to a lower target range, says Mike Schüssler, consulting economist at Brenthurst Wealth. Schüssler pointed to the July CPI release, which included the latest annual increases in municipal taxes, including water, electricity, sewerage, garbage disposal and assessment fees...
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