CPIX rose by an annualised rate of 4.3% y/y for December 2004, lower than November's 4.6% and slightly below market expectation of 4.5%.

CPIX fell 0.2% on a monthly basis for December versus a rise of 0.6% in November.
CPI rose by 3.4% y/y versus 3.7% in November y/y.
CPI fell by 0.2% m/m for December vs. a 0.6% rise in November.
CPIX averaged 4.3% for 2004
CPI averaged 1.4% for 2004

Mark Lindhiem
Debt Capital Markets - Treasury Solutions Rand Merchant Bank

Tel: (011) 269 9849
Rightfax: (011) 282 4296
Fax: (011) 269 9598