SA's producer price inflation has braked to 9.3% in the year to December after a 10% rise in November, way below analysts' expectations.
The PPI declined -0.6% on a monthly basis after November's monthly increase of 0.5%.
The PPI was expected to have increased to 10.3% y/y in December, a survey of 12 economists by I-Net Bridge found.
A year ago PPI was at half the current levels, coming in at just 5.1%.
Read Full Article at FIN24.co.za
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