December PPI slows to 5.8%

A woman works at a clothing factory in Newcastle. REUTERS/Jon Herskovitz

A woman works at a clothing factory in Newcastle. REUTERS/Jon Herskovitz

Published Jan 29, 2015

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Johannesburg - South Africa's producer price inflation slowed to 5.8 percent year-on-year in December from 6.5 percent in November, the statistics office said on Thursday.

On a month-on-month basis, prices at the factory gate were down by 0.2 percent in December after being flat in November.

Economists polled by Reuters expected PPI to come in at 6 percent year-on-year while prices were forecast to dip 0.1 percent month-on-month. - Reuters

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