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South Africa PPI Inflation Slows More Than Forecast

Por: RTTNews Business September 29, 2022

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South Africa's producer price inflation eased more-than-expected in August, figures from Statistics South Africa showed on Thursday.Producer prices surged 16.6 percent year-on-year in August, slower than July's 18.0 percent increase. Economists had expected inflation to ease slightly to 17.7 percent.The main contribution to the annual increase came from coke, petroleum, chemical, rubber and plastic products, food products, beverages... + full article



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