Slow demand likely to keep inflation in check
PPI rose to an annual rate of 5.2% in March, worse than a Bloomberg median estimate of 4.6%
29 April 2021 - 14:22
Producer prices, which have risen at their fastest pace in two years, do not necessarily signal higher inflation and interest rates because a weaker economy implies weaker demand.
The producer price index (PPI) accelerated to an annual rate of 5.2% in March, its fastest since June 2019, Stats SA said in a statement on Thursday...
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