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    Home » South Africa producer inflation slows to 2.7% year over year in July

    South Africa producer inflation slows to 2.7% year over year in July

    September 1, 2023
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    *A woman prepares vegetables for customers at her stall in Thembisa, on the East Rand, in South Africa, August 2, 2023. REUTERS/Siphiwe Sibeko Acquire Licensing Rights.

    Johannesburg — South Africa’s producer inflation slowed to 2.7% year on year in July from 4.8% in June, statistics agency data showed on Thursday.

    On a month-on-month basis, the producer price index was at 0.2% in July from -0.3% the previous month, Statistics South Africa said.

    *Alexander Winning; editing: Alison Williams – Reuters

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