PPI declines further in October
JOHANNESBURG –
Annual producer inflation, the producer price index (PPI), in South Africa declined further in October, to a subdued 3 percent own from 4.1 percent in September- falling for the sixth consecutive month.
Annual producer inflation, the producer price index (PPI), in South Africa declined further in October, to a subdued 3 percent own from 4.1 percent in September- falling for the sixth consecutive month.
Statistics SA said on Thursday that the main contributors to the headline PPI annual inflation rate were food products, beverages and tobacco products; as well as
metals, machinery, equipment and computing equipment.
Source: iol.co.za