South Africa's annual producer inflation eased for the fifth straight month to 13.5% in December of 2022, down from 15% in November and slightly below market estimates of 14.05%. This was the lowest reading since April last year, largely due to the continued slowdown in prices of coke, petroleum, chemical, rubber and plastic products (24.5% vs 28.6% in November); food products, beverages and tobacco products (10.1% vs 10.7%) and paper and printed products (16% vs 18.4%) and transport equipment (4.8% vs 6.1%). On a monthly basis, producer prices were flat in December, after a 0.5% increase in the prior month and compared with market forecasts of a 0.4% rise. source: Statistics South Africa

Producer Prices Change in South Africa averaged 6.37 percent from 2013 until 2022, reaching an all time high of 18.00 percent in July of 2022 and a record low of 0.30 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 February of 2023.

Producer Prices Change in South Africa is expected to be 13.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations.

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South Africa Producer Prices Change



Calendar GMT Actual Previous Consensus TEForecast
2022-12-15 09:30 AM Nov 15% 16% 15.7% 16.4%
2023-01-26 09:30 AM Dec 13.5% 15% 14.05% 14.1%
2023-02-23 09:30 AM Jan 13.5%


Related Last Previous Unit Reference
Inflation Rate 7.20 7.40 percent Dec 2022
Inflation Rate MoM 0.40 0.30 percent Dec 2022
Consumer Price Index CPI 107.20 106.80 points Dec 2022
Core Inflation Rate 4.90 5.00 percent Dec 2022
Core Consumer Prices 104.90 104.70 points Dec 2022
Producer Prices 125.80 125.80 points Dec 2022
Producer Prices Change 13.50 15.00 percent Dec 2022
Food Inflation 12.40 12.50 percent Dec 2022
CPI Transportation 113.90 113.10 points Dec 2022
CPI Housing Utilities 104.10 103.80 points Dec 2022

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.
Actual Previous Highest Lowest Dates Unit Frequency
13.50 15.00 18.00 0.30 2013 - 2022 percent Monthly
2020=100, NSA

News Stream
South Africa Producer Inflation at 8-Month Low, Below Forecasts
South Africa's annual producer inflation eased for the fifth straight month to 13.5% in December of 2022, down from 15% in November and slightly below market estimates of 14.05%. This was the lowest reading since April last year, largely due to the continued slowdown in prices of coke, petroleum, chemical, rubber and plastic products (24.5% vs 28.6% in November); food products, beverages and tobacco products (10.1% vs 10.7%) and paper and printed products (16% vs 18.4%) and transport equipment (4.8% vs 6.1%). On a monthly basis, producer prices were flat in December, after a 0.5% increase in the prior month and compared with market forecasts of a 0.4% rise.
2023-01-26
South Africa Producer Inflation Hits 6-Month Low, Below Forecasts
South Africa's annual producer inflation eased for the fourth straight month to 15% in November of 2022, down from 16% in October and slightly below market estimates of 15.7%. It was the lowest reading since May, mainly on account of slowing prices of coke, petroleum, chemical, rubber and plastic products (28.6% vs 31.8% in October) and food products, beverages and tobacco products (10.7% vs 11.4%). On a monthly basis, producer prices increased by 0.5%, up slightly from a 0.4% rise in the prior month and below market forecasts of a 0.6% advance.
2022-12-15
South Africa Producer Inflation Softens to 5-Month Low
South Africa's annual producer inflation eased for the third straight month to 16% in October of 2022, from 16.3% in September, matching market forecasts. It was the lowest reading since May, mainly due to a slowdown in the costs of coke, petroleum, chemical, rubber and plastic products (31.8% vs 34.2% in September); food products, beverages and tobacco products (11.4% vs 12.1%) and furniture & other manufacturing (6.3% vs 15.8%). Meanwhile, prices accelerated considerably for paper and printed products (18.8% vs 11%) and non-metallic mineral products (8% vs 6.9%). On a monthly basis, producer prices were up by 0.4%, after a 0.7% rise in the previous month and almost in line with market estimates of a 0.45% increase.
2022-11-24