Producer prices in South Africa increased 6.9 percent year-on-year in October of 2018, following a 6.2 percent gain in September and above market expectations of 6.3 percent. It was the highest producer inflation rate since December of 2016, as price advanced further for food, beverages and tobacco (2.5 percent compared to 2.1 percent in September); coke, petroleum, chemical, rubber and plastic products (16.6 percent compared to 13.6 percent) and paper and printed products (6.0 percent compared to 4.9 percent). Also, cost of furniture and other manufacturing fell at a softer pace (-1.1 percent compared to -2.4 percent). Meanwhile, prices slowed for metals, machinery and computer equipment (4.6 percent compared to 4.7 percent); transport equipment (10.5 percent compared to 12.7 percent) and electrical machinery and communication (5.9 percent compared to 6.1 percent). On a monthly basis, producer prices went up 1.4 percent, after rising 0.5 percent in the prior month. Producer Prices Change in South Africa averaged 5.73 percent from 2013 until 2018, 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 6.60 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 6.30 in 12 months time. In the long-term, the South Africa Producer Prices Change is projected to trend around 5.00 percent in 2020, according to our econometric models.

South Africa Producer Prices Change
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Calendar GMT Actual Previous Consensus TEForecast
2018-08-30 09:30 AM PPI YoY 6.1% 5.9% 6% 6.3%
2018-09-27 09:30 AM PPI YoY 6.3% 6.1% 5.95% 5.9%
2018-10-25 09:30 AM PPI YoY 6.2% 6.3% 6.05% 6.1%
2018-11-29 09:30 AM PPI YoY 6.9% 6.2% 6.3% 6.5%
2018-12-13 09:30 AM PPI YoY 6.9% 6.8% 6.5%
2019-01-31 09:30 AM PPI YoY
2019-02-28 09:30 AM PPI YoY


South Africa Prices Last Previous Highest Lowest Unit
Inflation Rate 5.10 4.90 20.70 0.20 percent [+]
Inflation Rate Mom 0.50 0.50 6.70 -0.70 percent [+]
Consumer Price Index CPI 109.40 108.90 109.40 1.20 Index Points [+]
Core Consumer Prices 108.30 108.20 108.30 63.30 Index Points [+]
Core Inflation Rate 4.20 4.20 8.30 2.90 percent [+]
Producer Prices 111.30 109.80 219.40 4.10 Index Points [+]
Producer Prices Change 6.90 6.20 8.80 2.61 percent [+]
Export Prices 156.70 151.10 156.70 0.60 Index Points [+]
Import Prices 149.20 141.70 149.20 1.20 Index Points [+]
Food Inflation 3.40 3.90 15.60 0.60 percent [+]
Inflation Expectations 5.59 5.42 8.72 3.90 Percent [+]
CPI Housing Utilities 109.40 109.40 109.40 56.80 Index Points [+]
CPI Transportation 115.30 112.40 116.90 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 December of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
6.90 6.20 8.80 2.61 2013 - 2018 percent Monthly
2012=100, NSA




Country Last Previous
Argentina 79.60 Oct/18
Australia 2.10 Sep/18
Brazil 10.80 Nov/18
Canada 5.30 Oct/18
China 2.70 Nov/18
Euro Area 4.90 Oct/18
France 3.90 Oct/18
Germany 3.30 Oct/18
India 5.28 Oct/18
Indonesia 5.06 Nov/18
Italy 5.80 Oct/18
Japan 2.90 Oct/18
Mexico 6.51 Nov/18
Netherlands 4.89 Oct/18
Russia 16.90 Oct/18
Saudi Arabia 16.30 Oct/18
Singapore 12.40 Oct/18
South Africa 6.90 Oct/18
South Korea 2.20 Oct/18
Spain 4.50 Oct/18
Switzerland 2.30 Oct/18
Turkey 38.54 Nov/18
United Kingdom 3.30 Oct/18
United States 2.50 Nov/18


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