SA’s producer inflation remained unchanged at 5.2% year on year in November‚ Statistics SA data on Thursday showed.
A consensus among nine economists was that PPI would rise to 5.4% year on year in November. The forecasts ranged from 5.0% to 5.6%.
PPI was up 0.3% on the month‚ while exported inflation fell 1.9% on the year‚ and was up 0.1% on the month.
Inflation for imported commodities rose 5.0% on a year-on-year basis‚ and was up 1.4% on the month. - I-Net Bridge