South Africa's PPI inflation was at 2.2% in January 2026, the lowest since August last year, down from a more-than-one-year high of 2.9% recorded in each of the prior three months. The slowdown was largely driven by falling fuel prices during the month, with petrol down 5.3% and gasoline down 4.8%. Prices of transportation equipment also decreased (-0.2% vs 1.6%). In the meantime, price growth moderated for food products, beverages and tobacco products (2.4% vs 2.9%). On a monthly basis, producer prices fell by 0.2% in January, after increasing by a similar margin in the previous month. source: Statistics South Africa

Producer Prices in South Africa increased 2.20 percent in January of 2026 over the same month in the previous year. Producer Prices Change in South Africa averaged 5.70 percent from 2013 until 2026, reaching an all time high of 18.00 percent in July of 2022 and a record low of -0.70 percent in October of 2024. 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 - data, historical chart, forecasts and calendar of releases - was last updated on March of 2026.

Producer Prices in South Africa increased 2.20 percent in January of 2026 over the same month in the previous year. Producer Prices Change in South Africa is expected to be 1.80 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the South Africa Producer Prices Change is projected to trend around 1.80 percent in 2027, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-01-29 09:30 AM
PPI YoY
Dec 2.9% 2.9% 2.9% 3.0%
2026-02-26 09:30 AM
PPI YoY
Jan 2.2% 2.9% 2.8%
2026-03-26 09:30 AM
PPI YoY
Feb 2.2%


Related Last Previous Unit Reference
Consumer Price Index CPI 103.80 103.60 points Jan 2026
Core Consumer Prices 103.60 103.30 points Jan 2026
Core Inflation Rate YoY 3.40 3.30 percent Jan 2026
Core Inflation Rate MoM 0.30 0.10 percent Jan 2026
CPI Housing Utilities 104.90 104.90 points Jan 2026
CPI Transportation 99.90 101.00 points Jan 2026
Food Inflation 4.40 4.40 percent Jan 2026
Inflation Rate YoY 3.50 3.60 percent Jan 2026
Inflation Rate MoM 0.20 0.20 percent Jan 2026
PPI MoM -0.20 0.20 percent Jan 2026
Producer Prices 103.40 103.60 points Jan 2026
PPI YoY 2.20 2.90 percent Jan 2026


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.
Actual Previous Highest Lowest Dates Unit Frequency
2.20 2.90 18.00 -0.70 2013 - 2026 percent Monthly
Dec 2023=100, NSA

News Stream
South Africa PPI Inflation Slows to 5-Month Low
South Africa's PPI inflation was at 2.2% in January 2026, the lowest since August last year, down from a more-than-one-year high of 2.9% recorded in each of the prior three months. The slowdown was largely driven by falling fuel prices during the month, with petrol down 5.3% and gasoline down 4.8%. Prices of transportation equipment also decreased (-0.2% vs 1.6%). In the meantime, price growth moderated for food products, beverages and tobacco products (2.4% vs 2.9%). On a monthly basis, producer prices fell by 0.2% in January, after increasing by a similar margin in the previous month.
2026-02-26
South Africa PPI Inflation Holds Steady at 2.9%
South Africa's PPI inflation stood at 2.9% for the third month in December 2025, the highest level since July 2024, matching analysts' estimates. The main positive contributors to the headline PPI annual inflation rate were food, beverages, and tobacco (+2.9%, contributing 0.9 percentage points) and furniture and other manufacturing (+11.9%, adding 0.5 percentage points). On a monthly basis, producer prices went up by 0.2% in December, after being flat in the preceding month.
2026-01-29
South Africa PPI Inflation Steady at Over 1-Year High of 2.9%
South Africa's PPI inflation stood at 2.9% in November 2025, the highest level since July 2024, matching October's reading and slightly above market forecasts of 2.8%. Elevated prices for food, beverages, and tobacco (3.3% vs 3.1% in October), particularly meat (18%); and for furniture and other manufactured goods (11.1% vs 11.2%) were offset by slower growth in coke, petroleum, chemical, rubber, and plastic products (1.5% vs 2.5%), helped by lower fuel costs. On a monthly basis, producer prices were flat in November, after decreasing by 0.1% in the prior month.
2025-12-18