Headline producer inflation, which measures the change in prices of final manufactured goods, has continued to decline. The annual rate fell to 3,5% in January 2015, down from 5,8% in December 2014 and a peak of 8,8% in April 2014. Falling prices for coal and petroleum products continued to drive producer inflation down, while higher prices for tobacco, beverages and food products placed upward pressure on inflation.<\/p>\n
The prices for final manufactured coal and petroleum products were -29,4% lower in January 2015 compared with January 2014, brought about mainly by decreases in prices for both petrol (-34,0%) and diesel (-32,0%).<\/p>\n
Prices for meat products rose by 15,4% year-on-year, with noticeable increases in the prices for frozen chicken (19,0%) and meat pies (22,4%). Dairy products rose by 10,7%, with increases in fresh full cream milk (18,2%), diary cream (15,0%) and mozzarella cheese (13,4%). Tobacco prices rose by 10,2%.<\/p>\n
The producer price index (PPI) for final manufactured goods decreased by 1,1% month-on-month in January 2015. Coal and petroleum products contributed most to the decrease, dropping by 14,6%. A slight appreciation in the rand against the euro resulted in a slight decrease in the prices of transport equipment exported to Europe, including motor vehicles and motor vehicle parts. Prices for transport equipment decreased by 0,8% in January 2015 compared with December 2014.<\/p>\n
Other year-on-year PPI figures from the publication:<\/p>\n
Download the complete publication here<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":" Headline producer inflation, which measures the change in prices of final manufactured goods, has continued to decline. The annual rate fell to 3,5% in January 2015, down from 5,8% in December 2014 and a peak of 8,8% in April 2014. Falling prices for coal and petroleum products continued to drive producer inflation down, while higher read more »<\/a><\/p>\n