Stats SA to release January PPI

Thursday, February 25, 2010

Pretoria - Statistics South Africa (Stats SA) will today release January's Producer Price Inflation (PPI) figures.

In December, PPI rose to 0.7 percent year-on-year following seven months of contraction.

Standard Bank expects PPI, which is the price of goods leaving factories and mines, to continue growing in January.

"PPI is expected to rise by 1 percent month-on-month in January from 0.7 percent year-on-year in December," said Standard Bank. - BuaNews