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July inflation edges up to 4.35pc

Higher interest rates ahead concept. [Photo/Reuters]

The cost of basic items increased slightly last month as inflation rose to 4.35 per cent, up from 4.28 per cent in June.

This was driven by a slight increase in the retail price of sugar following a nationwide crackdown on contraband sugar as well as an increase in kerosene, electricity and cooking gas prices.

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