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FX.co ★ South Africa PPI Inflation Steady at 4-Month Low

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typeContent_19130:::2025-05-29T09:47:12

South Africa PPI Inflation Steady at 4-Month Low

In April 2025, South Africa's Producer Price Index (PPI) inflation remained steady at 0.5%, marking the lowest rate in four months and unchanged from March's figure. This stability was primarily driven by a more significant reduction in prices for coke, petroleum, chemicals, rubber, and plastic products, which fell by 5.5%, deepening from a 4.1% decline in March. Additionally, further decreases were observed in the prices of paper and printed products, which dropped by 3.5%, compared to a 2.4% fall previously, and transport equipment, with a 3.8% decrease following a 5.2% reduction. Conversely, there were notable price increases in textiles, clothing, and footwear, which surged by 6.8%, up from 6%, and food products, beverages, and tobacco products, rising to 4.7% from 4.1%. On a month-over-month basis, producer prices increased by 0.5% in April, following a 0.6% rise in March.

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