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Producer inflation scales 22-year record

Latest PPI index gives hope that inflation may have peaked

26 September 2008 · Staff Writer

Producer inflation scales 22-year record

By Mariam Isa
From Business Day

Price increases for goods leaving factories, mines and farms leaped 19,1% last month - a 22-year record - but lower than expected, backing hopes that inflation may have peaked.

Justmoney.co.za says:

The rising tide of inflation may have just begun to recede, but that does not mean we are in the clear yet. So, for now, review your expenses, consolidate your debt, check out your medical aid, and keep saving.

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