Pace of headline PPI increase greater than market expectations

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Higher producer inflation reflects the effects of global supply blockages and elevated oil prices 🔒

Headline producer inflation came in above market expectations, reflecting the effects of higher fuel prices and global supply blockages.

Stats SA data released on Thursday showed the headline producer price index accelerated 10.5%, up from a 10.1% jump in January and above market expectations of a 10.2% rise...A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.

 

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