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Moderation in the consumer price index welcome, but pace and breadth of inflationary pressures remains intense.
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![[TOP STORY] Time to buy US consumer discretionary and tech stocks?](https://www.moneyweb.co.za/wp-content/uploads/2022/07/389118399-230x153.jpg)
![[TOP STORY] Base effects and inflation](https://www.moneyweb.co.za/wp-content/uploads/2017/07/Kevin-Lings-75x75.jpg)
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