Producer Price Inflation

PPI South Africa's producer price inflation - or PPI - slowed to 14.5% in October when compared to the same month last year. October's PPI was down 1.5% from September and comes in at below expectations and could support views for an interest rate cut early next year. Month-on-month, PPI fell by 0.5%, faster than the 0.3% forecast of economists polled by reuters.