FX.co ★ South Africa PPI inflation Rises Further to 1-Year High

In August 2025, South Africa's Producer Price Index (PPI) inflation increased for the third consecutive month, achieving a twelve-month peak of 2.1%, up from 1.5% in July. The primary drivers of this upward trend were the categories of food, beverages, and tobacco, which saw a rise of 4.3% compared to 3.9% in July. This was particularly evident in the prices of meat, fish, fruits, vegetables, oils, and fats, which soared to 11% from 10.4%. Additionally, there was an accelerated price increase in furniture and other manufacturing, jumping to 8.3% from 8.1%, non-metallic mineral products climbing to 6.3% from 5.7%, transport equipment increasing to 1.6% from 1.4%, and metals, machinery, equipment, and computing equipment advancing to 1.1% from 0.1%. On the other hand, declines were noted in sectors such as coke, petroleum, chemicals, rubber, and plastic products, which fell by -1% from -1.9%, paper and printed products dropping to -0.5% from -1.5%, and electrical machinery and communication and metering equipment decreasing to -1% from 0.3%. On a month-to-month basis, producer prices experienced a slight increase of 0.3% in August, following a higher 0.5% rise in the preceding month.