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South Africa producer inflation falls to 4.2% y/y in July - REUTERS

AUGUST 30, 2024

JOHANNESBURG, Aug 29 (Reuters) – South Africa’s producer inflation fell to 4.2% year on year in July from 4.6% in June, statistics agency data showed on Thursday.

On a month-on-month basis, the Producer Price Index was at -0.2% in July versus -0.3% in June, Statistics South Africa said.

(Reporting by Bhargav Acharya and Tannur AndersEditing by Alexander Winning)

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