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In brief Retail South Africa

British retail inflation rate falls

LONDON: Britain's annual retail price inflation rate fell to minus 1.2% in April from minus 0.4% in March due partly to falling home loan payments, official data showed Tuesday, 19 May 2009. "There was a large downward pressure from housing where the largest effect came from mortgage interest payments," the Office for National Statistics said. Source:I-Net Bridge and AFP

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