Investing.com - Producer price inflation in South Africa rose more-than-expected last month, official data showed on Thursday.
In a report, Statistics South Africa Head Office said that South African PPI rose to a seasonally adjusted annual rate of 1.6%, from 0.2% in the preceding month.
Analysts had expected South African PPI to rise 0.4% last month.
In a report, Statistics South Africa Head Office said that South African PPI rose to a seasonally adjusted annual rate of 1.6%, from 0.2% in the preceding month.
Analysts had expected South African PPI to rise 0.4% last month.