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Key findings for July 2014

Final manufactured goods – headline PPI

The annual percentage change in the PPI for final manufactured goods was 8,0% in July 2014 (compared with 8,1% in June 2014). From June 2014 to July 2014 the PPI for final manufactured goods increased by 0,5%.

The main contributors to the annual rate of 8,0% were food products, beverages and tobacco products (7,9% year-on-year and contributing 2,9 percentage points), coke, petroleum, chemical, rubber and plastic products (9,1% year-on-year and contributing 1,5 percentage points), metals, machinery, equipment and computing equipment (8,3% year-on-year and contributing 1,2 percentage points) and transport equipment (8,0% year-on-year and contributing 0,8 of a percentage point).

The main contributor to the monthly increase of 0,5% was food products, beverages and tobacco products (0,8% month-on-month and contributing 0,3 of a percentage point).

Intermediate manufactured goods

The annual percentage change in the PPI for intermediate manufactured goods was 8,5% in July 2014 (compared with 9,0% in June 2014). From June 2014 to July 2014 the PPI for intermediate manufactured goods increased by 0,2%.

The main contributors to the annual rate of 8,5% were chemicals, rubber and plastic products (8,5% year-on-year and contributing 2,6 percentage points) and basic and fabricated metals (6,6% year-on-year and contributing 2,6 percentage points).

The main contributor to the monthly increase of 0,2% was sawmilling and wood (1,3% month-on-month and contributing 0,2 of a percentage point).

Electricity and water

The annual percentage change in the PPI for electricity and water was 7,8% in July 2014 (compared with 8,2% in June 2014). From June 2014 to July 2014 the PPI for electricity and water increased by 9,0%.

The contributors to the annual rate of 7,8% were electricity (7,9% year-on-year and contributing 7,0 percentage points) and water (7,0% year-on-year and contributing 0,9 of a percentage point).

The contributors to the monthly increase of 9,0% were electricity (9,8% month-on-month and contributing 8,5 percentage points) and water (4,3% month-on-month and contributing 0,6 of a percentage point).

Mining

The annual percentage change in the PPI for mining was 7,8% in July 2014 (compared with 5,8% in June 2014). From June 2014 to July 2014 the PPI for mining increased by 1,0%.

The main contributors to the annual rate of 7,8% were non-ferrous metal ores (14,1% year-on-year and contributing 6,1 percentage points) and coal and gas (5,5% year-on-year and contributing 1,6 percentage points).

The main contributor to the monthly increase of 1,0% was non-ferrous metal ores (2,2% month-on-month and contributing 1,0 percentage point).

Agriculture, forestry and fishing

The annual percentage change in the PPI for agriculture, forestry and fishing was 3,9% in July 2014 (compared with 4,5% in June 2014). From June 2014 to July 2014 the PPI for agriculture, forestry and fishing decreased by 0,6%.

The main contributor to the annual rate of 3,9% was agriculture (3,3% year-on-year and contributing 2,6 percentage points).

The main contributor to the monthly decrease of 0,6% was agriculture (-1,1% month-on-month and contributing -0,8 of a percentage point).

 

ISSUED BY: Statistics South Africa
MEDIA ENQUIRIES TO: Mr T Oosterwyk - Manager
TEL: 012 310 8130
MOBILE: 082 908 9104
Date: Thursday, 28 August 2014