Inflation on way down

THE producer price inflation is expected to have reached -3,5percent year-on-year in August from the -3,8percent seen in July, a survey by I-Net Bridge has found.

THE producer price inflation is expected to have reached -3,5percent year-on-year in August from the -3,8percent seen in July, a survey by I-Net Bridge has found.

Forecasts among leading economists surveyed ranged from -3,3percent to -4,2percent year-on-year.

The data is due to be released by Statistics South Africa tomorrow. - I-Net Bridge

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