FX.co ★ South Africa PPI Inflation Holds Steady at 2.9%

In December 2025, South Africa's Producer Price Index (PPI) inflation remained steady at 2.9% for the third consecutive month, marking the highest rate since July 2024 and aligning with analysts' predictions. The primary positive influences on the annual PPI inflation rate were attributed to the sectors of food, beverages, and tobacco, which increased by 2.9% and contributed 0.9 percentage points, alongside furniture and other manufacturing, which rose by 11.9%, adding 0.5 percentage points. On a month-to-month basis, producer prices experienced a 0.2% increase in December, following a period of stagnation in the prior month.