JOHANNESBURG – South Africa’s producer inflation slowed in order to 5.9% year-on-year in January from 7.1% in December, the stats agency said on Thursday.
On a month-on-month basis, PPI inched lower to 0.4% from 0.5% the past month, Statistics Africa said.
? | Jan | Jan | Dec | Dec |
? | y/y | m/m | y/y | m/m |
Final manufactured goods | 5.9 | 0.4 | 7.1 | 0.5 |
Intermediate manufactured goods | 6.7 | 1.4 | 7.3 | 0.6 |
Electricity and water | 10.0 | 1.6 | 7.4 | -1.1 |
Mining and quarrying | 10.7 | 4.5 | 10.6 | 2.0 |
Agriculture, forestry and fishing | -2.9 | -3.1 | 6.4 | 1.7 |