CoinStats - South Africa Producer Price Index Drops 1% Mo...
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PPI falls to 5.7% due to lower fuel prices - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.
Producer Price Inflation (PPI) has fallen sharply for a second straight month in July, reflecting lower fuel prices. Statistics South Africa’s Producer Price Index dropped to 5.7% year-on-year from 7.5% in June. The biggest driver of reduced costs at the factory gate was lower diesel and petrol prices following easing tensions, at the time, in the US-Iran war. PPI is considered an indication of where consumer inflation may head in the next six m…
South Africa Producer Price Inflation Slows To 5.7% In July, Down From 7.5%
BitcoinWorld South Africa Producer Price Inflation Slows to 5.7% in July, Down from 7.5% South Africa’s Producer Price Index (PPI) rose 5.7% year-on-year in July, down from 7.5% in June, according to data released by Statistics South Africa. This sharper-than-expected decline signals easing cost pressures at the producer level, which could feed into slower consumer inflation in the coming months. What the PPI Data Shows The July figure marks a …
CoinStats - South Africa Producer Price Index Drops 1% Mo...
BitcoinWorld South Africa Producer Price Index Drops 1% Month-on-Month in July, Signaling Deeper Deflation South Africa’s Producer Price Index (PPI) fell by 1% month-on-month in July, a sharper decline than the previous month’s -0.1%, according to the latest data. This deepening deflationary trend signals weakening pricing power among domestic producers and could have broad implications for the country’s inflation outlook and monetary policy. Wh…
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