nicky-wiemar

South Africa’s producer price inflation (PPI) slowed to 9,4% year-on-year in August, below forecasts, after a 10,3% increase in July, official data showed on Thursday. On a monthly basis, PPI increased by 0,7% after a 1,6% rise in July. Economists had forecast that annual PPI come in at 9,7%, while the monthly rate of increase was seen at 1%.