Increases in fuel and certain food prices were the main drivers for the higher-than-expected rise in producer price inflation in March. Economists expect uncertainty about global oil prices will continue to pose a risk to SA’s overall inflation outlook.

The producer price index (PPI) inflation data released by Stats SA on Thursday showed a month-on-month increase of 1.1% — slightly above analysts’ expectations of 0.8%-0.9%. This translated into a year-on-year increase for March of 4.6% from 4.5% in February...

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.

Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.

Speech Bubbles

Please read our Comment Policy before commenting.