Pace of headline PPI increase greater than market expectations
Higher producer inflation reflects the effects of global supply blockages and elevated oil prices
31 March 2022 - 12:31
Headline producer inflation came in above market expectations, reflecting the effects of higher fuel prices and global supply blockages.
Stats SA data released on Thursday showed the headline producer price index accelerated 10.5%, up from a 10.1% jump in January and above market expectations of a 10.2% rise...
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