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South Africa Producer Price Index (PPI) YoY

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South Africa Producer Price Index (PPI) YoY

Frequency

Delivery Method

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Status

 
Latest Release
Sep 26, 2024
Actual
2.8%
Previous
4.2%
The Producer Price Index (PPI) measures a change in input prices of raw, semi-finished or finished goods and services. If input costs rise, some will be absorbed by the producer and some passed on to the consumer. Conversely, if input costs fall, some of the decline will be enjoyed as wider profit margins by the producer and some will be passed on to the consumer in the form of lower prices. Because PPI impacts consumer prices, it is watched by central bankers as part of fulfilling their mandate of price stability.
A reading that is stronger than forecast is generally supportive (bullish) for the ZAR , while a weaker than forecast reading is generally negative (bearish) for the ZAR.
Importance:
Country:
Currency: ZAR
Source: Statistics South Africa Head O...
South Africa Producer Price Index (PPI) YoY
 
Release Date Time Actual Forecast Previous
Sep 26, 2024 (Aug) 11:30 2.8%   4.2%
Aug 29, 2024 (Jul) 11:30 4.2%   4.6%
Jul 25, 2024 (Jun) 11:30 4.6%   4.6%
Jun 27, 2024 (May) 11:30 4.6%   5.1%
May 30, 2024 (Apr) 11:30 5.1%   4.6%
Apr 25, 2024 (Mar) 11:30 4.6%   4.5%

PPI (YoY) Discussion

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