PPI declines further in October

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. File Photo: IOL
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.
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