Producer prices in South Africa jumped by 7.8% from a year earlier in September of 2021, up from a 7.2% increase in August and above market expectations of a 7.3% rise. That was the highest producer inflation rate since February of 2016. The main contributors to the increase were coke, petroleum, chemical, rubber and plastic products (15.3%), primarily coal and petroleum products (20.7%); food products, beverages and tobacco products (5.8%); and metals, machinery, equipment and computing equipment (10.8%). On a monthly basis, producer prices inched up 0.9%, following a 0.8% increase in August and surpassing estimates of a 0.45% rise. source: Statistics South Africa

Producer Prices Change in South Africa averaged 5.27 percent from 2013 until 2021, reaching an all time high of 8.70 percent in April of 2014 and a record low of 0.30 percent in May of 2020. 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 October of 2021.

Producer Prices Change in South Africa is expected to be 6.70 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 5.00 percent in 2022 and 4.00 percent in 2023, according to our econometric models.

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South Africa Producer Prices Change


Calendar GMT Actual Previous Consensus TEForecast
2021-09-30 09:30 AM Aug 7.2% 7.1% 7.05% 7.2%
2021-10-28 09:30 AM Sep 7.8% 7.2% 7.3% 7.3%
2021-11-25 09:30 AM Oct 7.8%


Related Last Previous Unit Reference
Inflation Rate 5.00 4.90 percent Sep/21
Inflation Rate Mom 0.20 0.40 percent Sep/21
Consumer Price Index CPI 122.60 122.30 points Sep/21
Core Inflation Rate 3.20 3.10 percent Sep/21
Core Consumer Prices 119.90 119.60 points Sep/21
Producer Prices 107.20 106.20 points Sep/21
Producer Prices Change 7.80 7.20 percent Sep/21
Food Inflation 6.60 6.90 percent Sep/21
CPI Transportation 127.10 126.50 points Sep/21
CPI Housing Utilities 122.60 122.20 points Sep/21

News Stream
South Africa Producer Inflation Highest since 2016
Producer prices in South Africa jumped by 7.8% from a year earlier in September of 2021, up from a 7.2% increase in August and above market expectations of a 7.3% rise. That was the highest producer inflation rate since February of 2016. The main contributors to the increase were coke, petroleum, chemical, rubber and plastic products (15.3%), primarily coal and petroleum products (20.7%); food products, beverages and tobacco products (5.8%); and metals, machinery, equipment and computing equipment (10.8%). On a monthly basis, producer prices inched up 0.9%, following a 0.8% increase in August and surpassing estimates of a 0.45% rise.
2021-10-28
South Africa Producer Inflation Edges Up in August
Producer prices in South Africa advanced by 7.2% from a year earlier in August of 2021, up from a 7.1% increase in July and above market expectations of a 7.05% rise. Main upward pressure came from prices of coke, petroleum, chemical, rubber and plastic products (13.4%), of which fuels such as petrol (23.8%) and diesel (16.6%); food products, beverages and tobacco products (6.1%); and metals, machinery, equipment and computing equipment (8.2%). On a monthly basis, producer prices went up 0.8%, up slightly from a 0.7% increase in July and market estimates of a 0.7% gain.
2021-09-30
South Africa Producer Inflation Edges Down in July
Producer prices in South Africa were up 7.1% year-on-year in July of 2021, easing from a 7.7% rise in June and slightly above market forecasts of 7%. Prices slowed mostly for coke, petroleum, chemical, rubber and plastic products (11.7% vs 15% in June), of which coal and petroleum products (16.3% vs 25.4%); food products, beverages and tobacco products (6.1% vs 6.3%) and paper and printed products (3.8% vs 5%). On a monthly basis, producer prices went up 0.7%, down slightly from a 0.8% increase in June but above market expectations of a 0.6% rise.
2021-08-26

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.