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Producer inflation rises to 7.6% in January y/y

Feb 25 2016 19:32

Johannesburg - Producer inflation accelerated to 7.6% year-on-year (y/y) in January from 4.8% in December, the statistics agency said on Thursday.

On a month-on-month basis, prices at the factory gate were up 1.6%, compared with a 0.2% rise the previous month, Statistics South Africa said.

The market consensus for January PPI was 6.25%.

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sa economy  |  economy  |  inflation rate

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