PPI continues to climb

29 August 2008 - 02:00
By unknown

Winter's higher prices for electricity along with crops like fruit and sugar saw July's producer price inflation worsen to 18,9percent from June's 16,8percent. Farm gate prices rose two percent month-on-month for the second month in a row. Fruit and nuts got 9,1percent more expensive and sugar cane rose 7,8percent from June to July, outweighing winter crops like grain falling 3,6percent in price.- Robert Laing

Winter's higher prices for electricity along with crops like fruit and sugar saw July's producer price inflation worsen to 18,9percent from June's 16,8percent. Farm gate prices rose two percent month-on-month for the second month in a row. Fruit and nuts got 9,1percent more expensive and sugar cane rose 7,8percent from June to July, outweighing winter crops like grain falling 3,6percent in price.- Robert Laing