JOHANNESBURG: South Africa’s producer inflation accelerated to 7.6 percent year-on-year in January from 4.8 percent in December, the statistics agency said on Thursday.
On a month-on-month basis, prices at the factory gate were up 1.6 percent, compared with a 0.2 percent rise the previous month, Statistics South Africa said. The market consensus for January PPI was 6.25 percent.
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