Thursday, 27th September 2007 at 3:49 pm
Producer price inflation figures are out

Producer price inflation (PPI) slowed to 9.4% year-on-year last month, below forecasts, after a 10.3% increase in July. On a monthly basis, PPI increased by 0.7% in August after a 1.6% rise in July. Definitly a good sign for the economy.

Economists did not expect this as the inflation number came below their expectations. It is encouraging to see that the PPI has slowed down but will this be the same case for the month of September, where we have seen world oil prices rising and a likely fuel price increase in South Africa next week? And not to forget the potential electricity rate hikes in the near future.With CPIX inflation still hovering above expectations and the PPI rate coming in below expectations what will this mean for the interest rates in South Africa? The Centeral Bank meets in October to decide whether rates will go up again by a potential 50 basis points or the rates will remain where they are. It is going to be an interest time.




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Comments

NCEBAKAZI on 18 October, 2007 at 2:31 pm #

WHAT ARE THE MOST RECENT INFLATION FIGURES OF SOUTH AFRICA (SEPTEMBER 2007)


pushy on 23 October, 2007 at 4:42 pm #

i just want to know about the figures of inflation of S.A


ncebakazi on 23 October, 2007 at 4:53 pm #

what are the different types of inflation


Rander on 23 October, 2007 at 6:34 pm #

Ncebakazi, the current inflation figures are 9.4%, that is the PPI (Producer Price Inflation). New figures are to be released this week and be sure to read all about it on The Rand Today.


pushy on 23 October, 2007 at 7:37 pm #

what are types of inflation


Ledomaine on 24 October, 2007 at 11:59 am #

The different types of inflation


Douga on 24 October, 2007 at 12:00 pm #

Measurement of inflation and the most recent inflation figures


babes on 30 October, 2007 at 3:53 pm #

u dont give us exactly what we want u r just giving smll information why? i need recent figures of inflation PLZ


Rander on 30 October, 2007 at 4:05 pm #

You can get the latest inflation news from this post http://www.therandtoday.com/2007/10/24/inflation-now-up-to-67/


nala on 21 November, 2007 at 5:39 pm #

Nice Site!


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