PPI is likely to have accelerated to a record 15.6% in June year on year
A reliable measure of how factory-gate prices are faring will come under the spotlight this week when Stats SA releases producer price inflation for June.
PPI indicates rising input costs for factories/producers, which they then may pass on to retailers and consumers, thereby setting future trends in inflation which the Reserve Bank closely monitors when deciding on interest rates...A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.
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