PPI ticks up to highest level in six months
In January, producer price inflation increased 4.6% from a year before, slightly up on market expectations
27 February 2020 - 12:37
Factory gate prices rose to their fastest levels in six months in January, driven largely by fuel prices, according to data released by Stats SA on Thursday.
Producer price inflation increased 4.6% from a year before, slightly up on market expectations. A Bloomberg poll of 10 economist’s expectations had pegged the rate to come in at 4.4% on an annual basis. ..
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