Headline Consumer Price Index (CPI) is expected to remain within the target band of between 3 and 6 per cent over the next three years, averaging 4.9 per cent in 2015. BUSA is of the view that the pressure from food prices, administered prices and fuel costs would keep Headline CPI towards the upper end of the inflation target band. The Manufacturing Circle concurs with BUSA that administered prices, particularly Eskom's electricity costs are a cause for concern in terms of both the billing and the administrative inefficiencies. According to the Circle, Eskom increased electricity costs significantly between 2000 and 2010 while other emerging countries decreased costs. The Circle further expressed concern that higher interest rates increase the cost of capital to internationally uncompetitive levels.