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PPI falls to 5.7% due to lower fuel prices

SABC News ·
PPI falls to 5.7% due to lower fuel prices

Producer Price Inflation (PPI) has fallen sharply for a second straight month in July, reflecting lower fuel prices.

Statistics South Africa’s Producer Price Index dropped to 5.7% year-on-year from 7.5% in June.

The biggest driver of reduced costs at the factory gate was lower diesel and petrol pric

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