Producer prices in South Africa rose 3 percent from a year earlier in November of 2020, up from 2.7 percent in the previous month. It was the highest producer inflation since March, mainly due to rising prices of food, beverages and tobacco products (6 percent vs 5.1 percent in October) and transport equipment (8 percent vs 8.5 percent). On a monthly basis, producer prices were flat, following a 0.4 percent increase in the prior month. source: Statistics South Africa

Producer Prices Change in South Africa averaged 5.17 percent from 2013 until 2020, reaching an all time high of 8.80 percent in April of 2014 and a record low of 0.40 percent in May of 2020. This page provides the latest reported value for - South Africa Producer Prices Change - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. South Africa Producer Prices Change - data, historical chart, forecasts and calendar of releases - was last updated on January of 2021.

Producer Prices Change in South Africa is expected to be 2.70 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Producer Prices Change in South Africa to stand at 3.50 in 12 months time. In the long-term, the South Africa Producer Prices Change is projected to trend around 3.10 percent in 2021 and 3.50 percent in 2022, according to our econometric models.

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South Africa Producer Prices Change

Actual Previous Highest Lowest Dates Unit Frequency
3.00 2.70 8.80 0.40 2013 - 2020 percent Monthly
2012=100, NSA


Calendar GMT Actual Previous Consensus TEForecast
2020-09-28 09:30 AM Aug 2.4% 1.9% 2.1% 2.1%
2020-10-29 09:30 AM Sep 2.5% 2.4% 2.5% 2.7%
2020-11-26 09:30 AM Oct 2.7% 2.5% 2.5% 2.5%
2020-12-15 09:30 AM Nov 3% 2.7% 2.5%
2021-01-28 09:30 AM Dec 3% 2.8% 2.8%
2021-02-25 09:30 AM Jan
2021-03-25 09:30 AM Feb
2021-04-29 09:30 AM Mar


News Stream
South Africa Producer Inflation Hits 8-Month High
Producer prices in South Africa rose 3 percent from a year earlier in November of 2020, up from 2.7 percent in the previous month. It was the highest producer inflation since March, mainly due to rising prices of food, beverages and tobacco products (6 percent vs 5.1 percent in October) and transport equipment (8 percent vs 8.5 percent). On a monthly basis, producer prices were flat, following a 0.4 percent increase in the prior month.
2020-12-15
South Africa October Producer Inflation Hits 7-Month High
Producer prices in South Africa advanced 2.7 percent from a year earlier in October of 2020, up from a 2.5 percent increase in the prior month and beating market expectations of a 2.5 percent rise. It was the highest producer inflation since March, mainly driven by prices of food, beverages and tobacco products (5.1 percent vs 4.3 percent in September) and transport equipment (8.5 percent vs 9.2 percent). On a monthly basis, producer prices went up 0.4 percent, following a 0.3 percent increase in the prior month and slightly above market consensus of a 0.3 percent increase.
2020-11-26
South Africa September Producer Inflation at 6-Month High
Producer prices in South Africa increased 2.5 percent from a year earlier in September of 2020, following a 2.4 percent rise in the prior month and in line with market expectations. It was the highest producer inflation since March, mainly driven by prices of food products (5.2 percent vs 4.2 percent in August) and transport equipment (9.2 percent vs 8.1 percent). Meanwhile, costs continued to decrease for coke, petroleum, chemical, rubber and plastic products (-2.6 percent vs -1.9 percent) and non-metallic mineral products (-0.7 percent vs -1.3 percent). On a monthly basis, producer prices went up 0.3 percent, slowing from a 0.7 percent increase in the prior month and matching market consensus.
2020-10-29
South Africa Producer Prices Rise More than Expected
Producer prices in South Africa increased 2.4 percent from a year earlier in August of 2020, following a 1.9 percent rise in the prior month and beating market expectations of a 2.1 percent gain. It ws the highest producer inflation since March, boosted by prices of transport equipment (8.1 percent vs 8.3 percent in July); food products (4.2 percent vs 3.7 percent); tobacco products (5.6 percent vs 5.1 percent) and paper & printed products (3.7 percent vs 3.3 percent). Meantime, costs decreased less for coke, petroleum, chemical, rubber and plastic products (-1.9 percent vs -2.5 percent) and non-metallic mineral products (-1.3 percent vs -2.8 percent). On a monthly basis, producer prices inched up 0.7 percent, following a 1.2 percent increase in July and above market consensus of a 0.45 percent rise.
2020-09-28

South Africa Producer Prices Change
In South Africa, Producer prices change refers to year over year change in price of goods and services sold by manufacturers and producers in the wholesale market during a given period.