South Africa producer inflation quickens to 5.1% y/y in September

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A women fills a basket with raw food from the local producer. Shopping for fresh vegetables from a local producer and living a sustainable lifestyle. Buying raw produce. Image Courtesy: Getty Images/iStockphoto

South Africa’s producer inflation quickened to 5.1% year on year in September from 4.3% in August, statistics agency data showed on Thursday, 26 October.
On a month-on-month basis, the producer price index was at 1.5% in September from 1.0% the previous month, Statistics South Africa said.