Jan 2005 PPI has come out at 1.4% yr/yr versus 1.9% yr/yr in December. The Reuters economists poll forecast a rise of 2.0% yr/yr. PPI fell 0.5% mth/mth for January versus a fall of the same amount for December. The monthly forecast for January was +0.1%.
Kind regards,
Mark Lindhiem
Debt Capital Markets - Treasury Solutions Rand Merchant Bank
Tel: (011) 269 9849
Rightfax: (011) 282 4296
Fax: (011) 269 9598
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Source: RMB Interest Rates

