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S.Africa’s Jan PPI slows to 8.9 pct yr/yr

23 February 2012 By admin

JOHANNESBURG, Feb 23 (Reuters) - Statistics South
Africa said on Thursday producer inflation, which represents
domestic output, slowed to 8.9 percent year-on-year in January
from 9.8 percent in December.	
    Month-on-month inflation was at 0.3 percent in January from
0.0 percent previously.	
    The market was expecting PPI to be at 9.5 percent 	
year-on-year and 0.8 percent on a monthly basis.	
      	
 Pct changes:           year/year     month/month    
                        Jan   Dec     Jan      Dec      
 Domestic output        8.9    9.8    0.3      0.0    
 Exported commods       8.7   10.5   -0.6     -0.3   
 Imported  commods     15.5   16.4    0.7      1.4   
 *All changes are increasing unless shown with minus sign	
	
	
 (Reporting by Phumza Macanda)

© Thomson Reuters 2012 All rights reserved





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Filed Under: South Africa Tagged With: news, reuters, south africa

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