Inflation steady at 2.8% in May as food prices continue to climb [SOUND]

# Statistics South Africa says inflation remained unchanged at 2.8-percent last month, despite rising food prices. The biggest driver was a 1.1-percent monthly increase in the prices of food and non-alcoholic beverages. Beef prices continue to climb due to a foot-and-mouth disease outbreak, with beef steak up 4.5-percent in May. Stats SA’s Patrick Kelly says maize meal and vegetables saw notable increases, with beetroot up 64-percent year-on-year: