South African Inflation Rate Climbs to One-Year High of 5.2%

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  • Rand's plunge to record low is key risk to price-growth
  • Inflation adding to pressure on central bank to raise rates

South African inflation accelerated to a one-year high of 5.2 percent in December, adding to pressure on the central bank to raise interest rates next week even as economic growth is set to slump.

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