Producer inflation ticks up in January
Food, beverages and tobacco products help push PPI up 4.7%
29 February 2024 - 16:18
Producer inflation ticked up in January, mainly driven by food, beverages and tobacco products, Stats SA data showed on Thursday.
The producer price index (PPI) rose 4.7% in January compared with December’s five-month low of 4% and the Thomson Reuters market consensus of 4.8% growth...
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