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

Reuters News

FILE PHOTO: South African Rand coins are seen in this photo illustration taken September 9, 2015. REUTERS/Mike Hutchings/File Photo

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.

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.