Consumer price inflation on the rise

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Consumer Price Inflation in rose slightly in August.

Statistics South Africa says the headline inflation rate for all urban areas in August was 5%.

It says this rate was 0.1 of a percentage point higher than the corresponding annual rate of 4.9% in July.

On the month, CPI rose by 0.2%.

FNB economist, John Loos, says while still very much "under control", the small increase in CPI may be a sign of things to come in the near term.