South Africa’s producer inflation slows to 13.5% y/y in December

JOHANNESBURG (Reuters) – South Africa’s producer inflation slowed to 13.5% year on year in December from 15.0% in November, statistics agency data showed on Thursday.

On a month-on-month basis, the producer price index was at 0.0% in December from 0.5% the previous month, Statistics South Africa said.

(Reporting by Anait Miridzhanian; Editing by Alexander Winning)

tagreuters.com2023binary_LYNXMPEJ0P0BX-VIEWIMAGE