Factory gate inflation falls

FACTORY gate inflation fell by a more-than-expected 3,3% year-on-year in October, data showed yesterday, pointing to continuing easing in price pressures, though the rate of decline slowed.

FACTORY gate inflation fell by a more-than-expected 3,3% year-on-year in October, data showed yesterday, pointing to continuing easing in price pressures, though the rate of decline slowed.

Stats SA said producer inflation, representing domestic output, fell for the sixth month, following on a 3,7% decline in September, and dipped 0.1% month-on-month - Reuters

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