COSATU is heartened by the tentative fall in CPI to 4.3% [SOUND]

# Union federation Cosatu says it is heartened by the tentative fall in consumer price inflation to 4.3-percent in July, down from 5.0-percent in June. South Africa’s inflation rate slowed for the first time in five months in July, partly due to a steep drop in fuel costs. Cosatu’s Matthew Parks says the war of aggression in the Middle East needs to end and a genuine peace deal to be put in place, as this will help improve global oil markets. He says a fall in fuel prices will give badly needed relief to workers: