Cecil Kilpin | May 2022 Newsletter

By |2022-05-09T12:07:34+02:00May 9th, 2022|Business, Environmental, Finance + Economics, Goverment, Newsletter, Tax|

StatsSA Releases Latest Producer Price Inflation (PPI) Figures The following producer price inflation (PPI) statistics were published on 28 April by StatsSA, reflecting the inflationary pressures being felt throughout the world. Final Manufactured Goods Annual producer price inflation increased to 11,9% in March 2022, from 10,5% in February 2022. The main contributors were: Coke, petroleum, chemical, rubber and plastic products increased by 26,8% year-on-year and contributed 6,4 percentage points Food products, beverages and tobacco products increased by 7,6% year-on-year and contributed 2,0 percentage points Metals, machinery, equipment and computing equipment increased by 13,0% year-on-year and contributed 1,9 percentage points The month-on-month PPI increased by 2,5%. The main contributors were: Coke, petroleum, chemical, rubber and plastic products, which increased by 6,2% month-on-month and contributed [...]