South Africa's producer price inflation moderated in January to the lowest level in five months, Statistics South Africa reported Thursday.
The producer price index rose 2.2 percent year-over-year in January, slower than the 2.9 percent stable increase in December. Further, this was the slowest rate since August last year, when prices had risen 2.1 percent.
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May 08, 2026 15:50 ET Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.