PPI increases by 0.5 percent
Updated | By Olivia Phalaetsile
"The main contributor to the monthly increase of 0.5 percent was food products, beverages, and tobacco products," it said in a statement.
In July, PPI stood at eight percent.
The annual percentage change in the PPI for electricity and water was 7.8 percent in July, compared to 8.2 percent in June.
In mining, the annual percentage change in the index was 7.8 percent in July from 5.8 percent the previous month.
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 the production process.
Show's Stories
-
Man reminds us not to mess with squid ink
It's no squid game messing around with squid ink...
The Workzone with Alex Jay 14 hours ago -
Parents watch their child's first steps
The most precious moments in life are rarely recorded, so this family is...
The Workzone with Elana Afrika-Bredenkamp 14 hours ago