South Africa producer inflation quickens to 5.8% y/y in October

Reuters News

Siphiwe Sibeko, Reuters Image used for illustrative purpose only

South Africa’s producer inflation quickened to 5.8% year on year in October from 5.1% in September, statistics agency data showed on Thursday.

On a month-on-month basis, the producer price index was at 1.0% in October from 1.5% the previous month, Statistics South Africa said.

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