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28.05.202609:46:59UTC+00South Africa PPI Inflation Hits 2-Year Peak

South Africa’s producer price inflation (PPI) accelerated to 4.8% in April 2026, up from 2.3% in March, reaching its highest level since April 2024. The main upward pressure came from coke, petroleum, chemical, rubber and plastic products, which rose by 11.8%, driven in particular by fuel price increases linked to the recent conflict in the Middle East. Additional contributions stemmed from food, beverages and tobacco products, which were up 1.9%, and from paper and printed products, which increased by 6.4%. On a month-on-month basis, producer prices rose 3.0% in April, following a 1.1% gain in the previous month.

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