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%.
Follow Fin24 on Twitter, Facebook, Google+ and Pinterest.
24.com encourages commentary submitted via MyNews24. Contributions of 200 words or more will be considered for publication.