Economic Indicators
South Africa producer inflation quickens to 4.3% y/y in August
2023.09.28 05:59
© Reuters. One of Tiger Brands’ most popular beverage products, Oros, is seen during production at a manufacturing facility in Germiston, South Africa November 17, 2022. REUTERS/James Oatway
JOHANNESBURG (Reuters) – South Africa’s producer inflation quickened to 4.3% year on year in August from 2.7% in July, statistics agency data showed on Thursday.
On a month-on-month basis, the producer price index was at 1.0% in August from 0.2% the previous month, Statistics South Africa said.
