51.   Inflation should also continue to fall, it said in a statement.

52.   Inflation continued at low levels, according to the latest statistics.

53.   And economists were also sceptical that inflation would continue to slow at similar rates in the coming months.

54.   The Treasury said that while it expected price inflation to continue to fall in the coming months, it also expected manufacturing output to rise.

55.   These had been stimulated by wage increases, the depreciation of the rand over the past year and the expectation that inflation would continue to rise, he said.