South Africa producer inflation quickens to 4.3% y/y in August

2023-09-28 17:52

JOHANNESBURG South Africa's producer inflation quickened to 4.3% year on year in August from 2.7% in July, statistics

JOHANNESBURG South Africa's producer inflation quickened to 4.3% year on year in August from 2.7% in July, statistics agency data showed on Thursday.

On a month-on-month basis, the producer price index was at 1.0% in August from 0.2% the previous month, Statistics South Africa said.

(Reporting by Anait Miridzhanian; Editing by Alexander Winning)