South Africa PPI Inflation Rises Further to 1-Year High

South Africa's PPI inflation rose for the third month in August 2025, reaching a one-year high of 2.1%, compared to July's 1.5%. Main upward pressure came from food, beverages & tobacco (4.3% vs 3.9% in July), notably meat, fish, fruit, vegetables, oils and fats (11% vs 10.4%). Prices also rose faster for furniture and other manufacturing (8.3% vs 8.1%); non-metallic mineral products (6.3% and 5.7%); transport equipment (1.6% vs 1.4%); and metals, machinery, equipment and computing equipment (1.1% vs 0.1%). Conversely, declines were seen for coke, petroleum, chemical, rubber and plastic products (-1% vs -1.9%); paper and printed products (-0.5% vs -1.5%) and electrical machinery and communication and metering equipment (-1% vs 0.3%). On a monthly basis, producer prices rose by 0.3% in August, after a 0.5% increase in the prior month.