PPI for June 2010 up 9,4%
The Producer Price Index (PPI) increased to +9,4 percent in June 2010 compared with June 2009, Stats SA said on Thursday 29 July.

The annual rate of change in the PPI for June 2010, at +9,4 percent, is 2,6 percentage points higher than the corresponding annual rate of +6,8 percent in May 2010 (compared with May 2009).

Stats SA attributed the increase in the annual rate of change in June 2010 compared with the corresponding annual rate in May 2010 to increases in agriculture (+0,3% to +1,5%), mining and quarrying (+15,0% to +16,8%), food and manufacturing (-1,3% to –0,7%), basic metals (+3,8% to +14,0%) and electricity (+32,1% to +39,5%).

Decreases were noted in Products of petroleum and coal (+12,7% to +8,9%), chemicals and chemical products (-2,3% to –2,6%) and electrical machinery and apparatus (+2,4% to +1,9%) partially counteracting the above-mentioned increases.

The PPI for domestic output increased by 4,0 percent from May 2010 to June 2010, due mainly to an increase of 3,7 percentage points in the price index for electricity.

Source: www.bizpremises.co.za 		Press Office

Article Date: 2010-07-30


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