South Africa Producer Price Index (PPI) MoM

ZAR
Actual
1.0%
Forecast
1.1%
Previous
1.5%
Latest Release
Nov 30, 2023
Importance
Overview
The Production Price Index (PPI) for all commodities for South African consumption. All indices are based on producer prices at the point of production in the case of commodities produced in South Africa.The Producers Price Index has two types of indexes. First, the output indexes which measure changes in the prices received by producers. Second, the input indexes which measure changes in the cost of production (excluding labour and capital costs).Inputs indexes: The input indexes measure price changes in costs of production excluding labour and depreciation costs. The input indexes cover the prices of: Materials, Fuels and electricity, Transport and communication, Commission and contract services, Rent and lease of land, buildings, vehicles and plant,Business services, Insurance premiums less claims.
A higher than expected reading should be taken as positive/bullish for the ZAR , while a lower than expected reading should be taken as negative/bearish for the ZAR.
Historical Data
Release Date
Time
Actual
Forecast
Previous
Nov 30, 2023 (Oct) 11:30 1.0% 1.1%
1.5%
Oct 26, 2023 (Sep) 11:30 1.5% 1.1%
1.0%
Sep 28, 2023 (Aug) 11:30 1.0% 0.5%
0.2%
Aug 31, 2023 (Jul) 11:30 0.2% 0.4%
-0.3%
Jul 27, 2023 (Jun) 11:30 -0.3% 0.5%
0.6%
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