PPI increases to 4.8% in December

(Picture supplied)
(Picture supplied)

Cape Town - South Africa's annual producer price index (PPI) for final manufactured goods was 4.8% in December 2015 compared with 4.3% in November.

The PPI impacts on the consumer price index (CPI) and thus inflation, and this increase would likely be felt by consumers.

“The main contributors to the annual rate of 4.8% were food products, beverages and tobacco products, wood and paper products and metals, machinery, equipment and computing equipment,” Stats SA said on Thursday.

The main contributor to the monthly increase was transport equipment.

The annual percentage change in the PPI for electricity and water was 14.1% in December compared with 12.9% in November, while the PPI for mining was -0.7% in December.

READ FULL REPORT

ZAR/USD
16.77
(-0.09)
ZAR/GBP
21.15
(-0.12)
ZAR/EUR
18.95
(-0.11)
ZAR/AUD
11.66
(-0.17)
ZAR/JPY
0.16
(-0.09)
Gold
1798.22
(+0.06)
Silver
18.69
(+0.13)
Platinum
824.50
(+0.30)
Brent Crude
43.14
(+2.10)
Palladium
1961.36
(+0.61)
All Share
55417.89
(-0.66)
Top 40
51154.08
(-0.74)
Financial 15
10472.31
(+1.28)
Industrial 25
76134.69
(-1.67)
Resource 10
52483.78
(-0.20)
All JSE data delayed by at least 15 minutes morningstar logo
Company Snapshot
Voting Booth
Please select an option Oops! Something went wrong, please try again later.
Results
I'm not really directly affected
18% - 1942 votes
I am taking a hit, but should be able to recover in the next year
23% - 2542 votes
My finances have been devastated
35% - 3797 votes
It's still too early to know what the full effect will be
25% - 2724 votes
Vote