ECONOMIC WEEK AHEAD: Producer inflation expected to remain in the double digits
The focus will be on price pressures at the factory gate, with food costs a particular concern
22 May 2022 - 15:54
The steady rise in factory gate prices will steal all the focus in an otherwise rather dry economic week ahead, with data on Thursday expected to show a fifth consecutive month of double-digit producer inflation in April.
Surging energy and food costs have helped propel the producer price index (PPI) in March to its highest level since the series began in 2013, with the 11.9% year-on-year rise for that month more than a full percentage point higher than economists had expected...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.