South African inflation hits central bank target but Iran war impact looms

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By Anathi Madubela

JOHANNESBURG, March 18 (Reuters) – South Africa’s annual inflation eased in February, falling to the central bank’s target of 3%, but analysts said the slowdown could ‌be temporary as the ripple effects of the U.S.-Israel war against Iran will show up in upcoming releases.

(Additional reporting by Sfundo Parakozov;Editing by Alexander Winning and Barbara Lewis)