South Africa Producer Prices Rise 4.8 Percent in April
Monthly producer inflation reached its highest level in two years. Higher fertilizer and energy costs linked to the Iran war contributed to the increase.
rove.meSouth Africa’s producer prices rose 4.8 percent in April, the highest annual increase recorded in two years. The monthly producer inflation rate also accelerated to a record pace for the month.
Higher fertilizer and energy costs tied to the Iran war pushed prices upward. The same factors contributed to the monthly acceleration reported for April.
Context The 4.8 percent year-over-year figure marks the steepest annual producer-price gain since April 2024. Officials have not yet released a detailed breakdown of individual components beyond fertilizer and energy.
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