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BIG SHOTS: Brothers Ajay and Rajesh Gupta. There is  talk that state power has moved from the Union Buildings to the Gupta family's compound in Saxonwold, Johannesburg. The writer says no self-respecting country can tolerate the state of affairs photo: KEVIN  SUTHERLAND
Guptas to respond to Gordhan’s bank affidavit

The Gupta family will on Friday morning file responding court papers at the High Court in Pretoria t.

PPI increases by 0.5 percent

By Sapa | 2014-08-29 07:16:29.0 | COMMENTS [ 0 ]

The producer price index (PPI) for final manufactured goods increased by 0.5 percent from June to July, Statistics SA said on Thursday.

"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.

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