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Month-on-month PPI increases

───   13:35 Thu, 27 Nov 2014

Month-on-month PPI increases | News Article

Johannesburg - The producer price index (PPI) for final manufactured goods from September 2014 to October 2014 has increased by 0.3 percent, Statistics SA said on Thursday.

The annual percentage change in the PPI for final manufactured goods, which is the change on a yearly basis, was 6.7 percent in October 2014.

The annual percentage change in September 2014 was 6.9 percent.

The main contributors to the annual rate of 6.7 percent were food products, beverages and tobacco products (7.7 percent year-on-year) and metals, machinery, equipment and computing equipment (9.3 percent year-on-year).

The contributors to the monthly increase of 0.3 percent were food products, beverages and tobacco products (0.7 percent month-on-month), wood and paper products (2.3 percent month-on-month) and metals, machinery, equipment and computing equipment (0.8 percent month-on-month).

The annual percentage change in the PPI for intermediate manufactured goods was 6.2 percent in October, compared to seven percent in September.

The annual percentage in PPI for electricity and water was eight percent in October, while the annual percentage change for mining was 2.5 percent and agriculture, forestry and fishing, three percent.

Stats SA defines PPI as a measure of the change in the price of goods, either as they leave their place of production or as they enter production.
 
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