Producer Price Inflation (PPI)

The Agbiz Agribusiness Research desk, headed by agriculture economist Wandile Sihlobo, offers role players access to up to date insights. Read latest and previous updates:

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01/25
2018
SA food producer price inflation ticked up slightly to 1.0% y/y
The headline food producer price inflation for December 2017 edged up slightly to 1.0% y/y from 0.9% y/y in the previous month. Similarly to November, meat and dairy products continued to be the key drivers of the uptick. Meanwhile, producer price inflation for foods such as starches, sugar, fruits and vegetables slowed on a monthly basis. Apart from higher live animals’ prices, agricultural commodity prices are still relatively low, which is keeping the food producer price inflation at lower levels.
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14/12
2017
SA food producer price inflation accelerates to 0.9% y/y
The headline food producer price inflation for November accelerated to 0.9% y/y from 0.4% y/y in October. The key driver of this uptick is mainly an acceleration in meat and dairy products prices. From the meat perspective, the increase is in turn driven by higher live animals’ prices, whereas dairy products prices have largely been following seasonal trends. Apart from that, other products producer prices remain at relatively lower levels, reflecting a good harvest of the 2016/17 production season.
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30/11
2017
SA food products price inflation decelerates to 0.4% y/y
After slowing to 1.3% y/y in September 2017, the headline food products’ price inflation further decelerated to 0.4% last month. This reflects the benefits of a large harvest in the 2016/17 production season, particularly grain related products.
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26/10
2017

SA food products price inflation slows to 1.3% y/y
Food products’ price inflation eased to 1.3% y/y in September 2017, from 1.9% y/y in the previous month.The deceleration was broad-based, with the exception of dairy products which inched up from the previous month. Meat and meat products’ inflation, which has been the key driver of the headline inflation for some time, also eased.
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28/09
2017

SA food products price inflation decelerates to 1.9% y/y
Food products price inflation decelerated to 1.9% y/y in August 2017, from 3.3% y/y in July 2017. Unlike the previous months, where this trend was mainly driven by a decline in field crop and dairy prices, meat and meat products also contributed last month.
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27/07
2017
SA food producer price inflation decelerates to 4.7% y/y
The annual food producer price inflation decelerated to 4.7% y/y in June 2017, from 5.7% y/y in May 2017. This shows the benefits of the higher agricultural output this year following good summer rainfall across the country.
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29/06
2017
SA’s annual food producer price inflation decelerates to 5.7%
The benefits of the uptick in agricultural production are already reflected in producer price inflation. Data released this morning showed that South Africa’s food producer price inflation slowed to 5.7% y/y in May 2017 from 6.4% in April 2017.
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25/05
2017
South Africa’s food producer price inflation falls
The notable uptick in agricultural production has kept market prices under pressure over the past few months and food processors continue to benefit from this improvement. Data released this morning showed that South Africa’s food producer price inflation slowed to 6.4% y/y in April 2017 from 6.9% in March 2017.
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24/02
2017

SA’s annual food producer price inflation decelerates
The recent producer price inflation data signals an easing of price pressures that could be passed on to the consumer over the coming months and be reflected in the Consumer Price Index (CPI) data. Figures released this morning showed that South Africa’s food producer price inflation decelerated 10.6% y/y in January 2017 from 12.2% in December 2016.
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26/01
2017
South Africa’s food producer inflation declines
Recent Producer Price Index data shows that food products (producer) inflation fell to 11.1% year-on-year (y/y) in December 2016 from 11.2% y/y in November 2016
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