South Africa's June producer inflation slows to 4 percent year/year

Reuters
A worker walks near a row of cars at Nissan's manufacturing plant in Rosslyn, outside Pretoria, file. REUTERS/Siphiwe Sibeko/File Photo

JOHANNESBURG (Reuters) - South Africa's producer price inflation slowed to 4 percent year-on-year in June from 4.8 percent in May, the statistics agency said on Thursday. On a month-on-month basis, PPI fell 0.3 percent after rising 0.5 percent in the previous month, Statistics South Africa said. Percentage changes June June May May y/y m/m y/y m/m Final manufactured goods 4.0 -0.3 4.8 0.5 Intermediate manufactured goods 2.1 -0.7 3.1 0.3 Electricity and water 6.2 34.6 6.4 0.6 Mining and quarrying -1.5 0.1 -3.0 -4.0 Agriculture, forestry and fishing -1.4 -0.1 -0.5 0.0 (Reporting by Olivia Kumwenda-Mtambo; Editing James Macharia)