South Africa: SA s Annual Factory Gate Prices Slow Significantly in June in Latest Sign Inflation Being Brought to Heel allafrica.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from allafrica.com Daily Mail and Mail on Sunday newspapers.
South Africa’s Producer Price Index slowed significantly to 4.8% in the year to June its slowest read since February 2021 from 7.3% in May. Price pressures remain, but they are clearly abating, providing the South African Reserve Bank with space to hold rates steady.