Inflation still rising

The inflation rate is up once more, the harmonised rate reaching a record 5.3%.

Whichever rate you look at, harmonized or normal, its is still on the way up, fuel and the costs of some international raw materials still being blamed for the increase.

The price of a barrel of oil has, actually, been falling for the past two weeks. A barrel of Brent Crude reached a record $147 in July, although it is now hovering around $123.

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