Producer inflation shocker

South Africa's producer price index (PPI) rose by 10,3percent year-on-year in March from a 9,5percent year-on-year increase in February, Statistics South Africa data showed on Thursday. The PPI was expected to have increased to 9.7percent year-on-year in March, a survey of leading economists by I-Net Bridge found. - I-Net Bridge

South Africa's producer price index (PPI) rose by 10,3percent year-on-year in March from a 9,5percent year-on-year increase in February, Statistics South Africa data showed on Thursday. The PPI was expected to have increased to 9.7percent year-on-year in March, a survey of leading economists by I-Net Bridge found. - I-Net Bridge

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