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Factory prices show steep rise

Jul 29 2010 12:08 Print this article | Email article

Factory prices at highest since Feb '09

Factory prices pick up further

Used vehicle prices on the rise

Factory prices on the increase

Factory data points to recovery

Johannesburg - South Africa's producer inflation quickened to 9.4% year-on-year in June from 6.8% in May, official data showed on Thursday.

Statistics South Africa said on a monthly basis producer inflation, representing domestic output, was at 4.0% compared with 0.2% in May.

Exported commodities inflation stood at 7.0% year-on-year in June compared with 4.8% the month before, while imported commodities inflation slowed to 3.7% year-on-year from 6.5% previously.

A Reuters poll last week showed the producer price index was expected to quicken to 7.4% year-on-year and to 2.4% month-on-month.

- Reuters

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LOL Jul 29 2010 21:19

Keep servicing debt, don't splur on luxery items.

Nic Jul 29 2010 13:43

What is to be expected. See the heading of the two articles were comments are disabled.'Public servents throng to city centres' - the african way. 'Pass one pass all', across the board increases etc. This is mob rule by a collection of incompetents. This is the only way they feel secure. This is the majority of the workers and the cause of PPI increase, i.e. increase of wages beyond any increase in production. Then see 'White males still dominate'. Is this racism or because they make things happen through pride and commitment? The latter of course. Look at Africa, look at the majority afro Americans and africans anywhere in the world. Comment will probably be moderated. Lame site.


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