Sharp decreases in the prices of manufactured petroleum products drove producer inflation down, from 6,5% year-on-year in November to 5,8% in December. However, there were noticeable increases in year-on-year prices for meat, tobacco and dairy products.<\/p>\n
Stats SA\u2019s latest Producer Price Index<\/i> publication, released on Thursday, 29 January 2015, shows that prices for final manufactured coke and petroleum products decreased by 14,7% year-on-year in December. Noticeable year-on-year increases were recorded for the following products: meat (15,1%), tobacco (10,2%) and dairy (11,7%).<\/p>\n
The main contributors to the annual rate of 5,8% were food products, beverages and tobacco products (8,0% year-on-year and contributing 2,9 percentage points) and metals, machinery, equipment and computing equipment (9,1% year-on-year and contributing 1,3 percentage points).<\/p>\n
Annual PPI for mining increased with 1,8% in December due to slightly higher prices for coal, gold, platinum and other metal ores.<\/p>\n
Monthly PPI for agriculture increased with 1,9% in December due to price increases in maize, wheat, fruit, vegetables, milk and eggs.<\/p>\n
Click here <\/a>to download the complete report.<\/p>\n","protected":false},"excerpt":{"rendered":" Sharp decreases in the prices of manufactured petroleum products drove producer inflation down, from 6,5% year-on-year in November to 5,8% in December. However, there were noticeable increases in year-on-year prices for meat, tobacco and dairy products. Stats SA\u2019s latest Producer Price Index publication, released on Thursday, 29 January 2015, shows that prices for final manufactured read more »<\/a><\/p>\n