South Africa producer inflation slows to 4.5% y/y in February

JOHANNESBURG (Reuters) – South Africa’s producer inflation slowed to 4.5% year on year in February from 4.7% in January, statistics agency data showed on Thursday.

On a month-on-month basis the Producer Price Index was at 0.5% in February versus 0.1% in January, Statistics South Africa said.

(Reporting by Alexander Winning; editing by Jason Neely)