Producer prices in South Africa increased 4.9 percent from a year earlier in July, easing markedly from a 5.8 percent rise in June and below market expectations of a 5.4 percent gain. That was the lowest producer inflation since February, mainly due to coke, petroleum, chemical, rubber & plastic products (4.0% vs 8.3% in June), on lower fuel prices. Cost also slowed for textiles, clothing & footwear (3.9% vs 4.6%) and transport equipment (4.3% vs 5.1%). In contrast, prices rose faster for food, beverages & tobacco (5.1% vs 4.8%); paper & printed products (8.4% vs 7.3%); non-metallic-mineral products (6.9% vs 6.2%); electrical machinery, communication & metering equipment (1.9% vs 0.9%) and furniture (5.9% vs 5.8%). On a monthly basis, producer prices dropped 0.2 percent, after increasing 0.4 percent in the prior month and against market estimates of a 0.2 percent gain. Producer Prices Change in South Africa averaged 5.73 percent from 2013 until 2019, reaching an all time high of 8.80 percent in April of 2014 and a record low of 2.61 percent in February of 2015.

Producer Prices Change in South Africa is expected to be 6.30 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Producer Prices Change in South Africa to stand at 5.30 in 12 months time. In the long-term, the South Africa Producer Prices Change is projected to trend around 5.20 percent in 2020, according to our econometric models.

South Africa Producer Prices Change
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Calendar GMT Actual Previous Consensus TEForecast
2019-05-30 09:30 AM PPI YoY Apr 6.5% 6.2% 5.9% 6.0%
2019-06-27 09:30 AM PPI YoY May 6.4% 6.5% 6.3% 6.4%
2019-07-25 09:30 AM PPI YoY Jun 5.8% 6.4% 5.8% 6%
2019-08-29 09:30 AM PPI YoY Jul 4.9% 5.8% 5.4% 5.2%
2019-09-26 09:30 AM PPI YoY Aug 4.9% 5.4% 5.6%
2019-10-31 09:30 AM PPI YoY Sep 6.3%
2019-11-28 09:30 AM PPI YoY Oct 6.1%


South Africa Prices Last Previous Highest Lowest Unit
Inflation Rate 4.30 4.00 20.70 0.20 percent [+]
Inflation Rate Mom 0.30 0.40 6.70 -0.70 percent [+]
Consumer Price Index CPI 113.10 112.80 113.10 1.20 Index Points [+]
Core Consumer Prices 112.30 112.20 112.30 63.30 Index Points [+]
Core Inflation Rate 4.30 4.20 8.30 2.90 percent [+]
Producer Prices 113.80 114.00 219.40 4.10 Index Points [+]
Producer Prices Change 4.90 5.80 8.80 2.61 percent [+]
Export Prices 166.50 161.00 166.50 0.60 Index Points [+]
Import Prices 155.80 150.30 156.60 1.20 Index Points [+]
Food Inflation 3.90 3.40 15.60 0.60 percent [+]
Inflation Expectations 5.04 5.17 8.72 3.90 Percent [+]
CPI Housing Utilities 114.20 113.90 114.20 56.80 Index Points [+]
CPI Transportation 114.90 114.60 116.90 81.70 Index Points [+]


South Africa Producer Prices Change

In South Africa, Producer prices change refers to year over year change in price of goods and services sold by manufacturers and producers in the wholesale market during a given period. This page provides the latest reported value for - South Africa Producer Prices Change - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. South Africa Producer Prices Change - actual data, historical chart and calendar of releases - was last updated on September of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
4.90 5.80 8.80 2.61 2013 - 2019 percent Monthly
2012=100, NSA




Country Last Previous
Argentina 52.40 Jul/19
Australia 2.00 Jun/19
Brazil 4.50 Aug/19
Canada -1.70 Jul/19
China -0.80 Aug/19
Euro Area 0.20 Jul/19
France 0.00 Jul/19
Germany 0.30 Aug/19
India 1.08 Aug/19
Indonesia 0.90 Aug/19
Italy -0.50 Jul/19
Japan -0.90 Aug/19
Mexico 2.88 Aug/19
Netherlands 0.19 Jul/19
Russia 0.30 Aug/19
Saudi Arabia 2.70 Jul/19
Singapore -6.00 Jul/19
South Africa 4.90 Jul/19
South Korea -0.30 Jul/19
Spain -0.80 Jul/19
Switzerland -1.90 Aug/19
Turkey 13.45 Aug/19
United Kingdom 1.60 Aug/19
United States 1.80 Aug/19


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