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S.Africa’s PPI slows to 5.4 percent y/y in July

30 August 2012 By admin

JOHANNESBURG, Aug 30 (Reuters) - South African producer
inflation, which represents domestic output, was slower at 5.4
percent year-on-year in July compared with 6.6 percent in June,
Statistics South Africa said on Thursday.  
    On a month-on-month basis, prices at the factory gate rose
by 1.6 percent in July after a 4.4 percent increase in June.
    The median consensus among economists polled by Reuters
earlier this week was for PPI to slow to 5.2 percent
year-on-year and to 1.35 percent month-on-month.
 Pct changes:            year/year   month/month     
                       July   June     July June      
 Domestic output        5.4    6.6     1.6  4.4        
 Exported commods       0.9    3.0    -0.9 -2.1       
 Imported commods       6.6    8.1    -2.3 -0.7   
 *All changes are increasing unless shown with minus sign

 (Reporting by Stella Mapenzauswa; Editing by Xola Potelwa)

© Thomson Reuters 2012 All rights reserved





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

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About admin

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