Global inflation retreats but food and energy keep SA prices high – Els

Inflation is falling globally, according to Johan Els, a senior economist at Old Mutual Investment Group SA. At a presentation in Johannesburg yesterday, he said more moderate price increases should help consumers and policymakers, particularly policymakers in emerging markets with room to cut interest ratesËDî ingrid.smitll¦êwGœ·Â"`ÿÿ莣Inflation is falling globally, according to Johan Els, a senior economist at Omigsa. At a presentation in Johannesburg yesterday, he said more moderate price increases should help consumers and policy makers, particularly policy makers in emerging markets with room to cut interest rates. Source