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Economist says Western Cape inflation surge may signal stronger economy

# Independent economist John Loos says while inflation is usually seen negatively, the higher inflation in the Western Cape may actually be a sign of stronger investment, job creation and income growth. The province had the highest inflation rate in April at 4.8-percent, driven largely by strong demand in housing, transport, and services. Loss added that rising rents and higher spending in areas like tourism and education suggest a more active economy compared to other provinces.