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A woman prepares vegetables for customers at her stall in Thembisa, on the East Rand, in South Africa, August 2, 2023. REUTERS/Siphiwe Sibeko Acquire Licensing Rights
JOHANNESBURG, Aug 31 (Reuters) – South Africa’s producer inflation slowed to 2.7% year on year in July from 4.8% in June, statistics agency data showed on Thursday.
On a month-on-month basis, the producer price index was at 0.2% in July from -0.3% the previous month, Statistics South Africa said.
Reporting by Alexander Winning; Editing by Alison Williams
Our Standards: The Thomson Reuters Trust Principles.
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