Finweek English Edition - - ECONOMICTRENDS -

FNB says high oil and food prices are just start­ing to feed into SA’s in­fla­tion mea­sures, with the pro­ducer price in­fla­tion rate for im­ports hav­ing risen to 4,8% from a low of 0,7% in De­cem­ber 2010, tak­ing the over­all pro­ducer in­fla­tion rate to 6,7% in Fe­bru­ary. That’s up from 5,5% in Jan­uary. Higher pro­ducer in­fla­tion is a har­bin­ger of con­sumer in­fla­tion – and higher in­ter­est rates. Pro­ducer Price In­fla­tion vs Con­sumer Price In­fla­tion

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