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New data PPI YoY (Sep)

10/31/2024

actual 1, previous 2.8

The event is the Producer Price Index (PPI) Year-over-Year (YoY) for South Africa (ZA) in September. The actual value reported is 1%, which is lower than the previous value of 2.8%. The estimate was 2.5%, so the actual value fell short of expectations. This indicates a decrease in the annual inflation rate for producers' goods and services in South Africa. The impact of this event on the market is considered low.

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