FILE PHOTO: A customer compares prices while shopping at a Pick and Pay shop in East London, in the Eastern Cape province, South Africa, March 17, 2023. REUTERS/Siphiwe Sibeko/File Photo

JOHANNESBURG, April 30 (Reuters) – South Africa’s producer inflation was at 2.3% year on year in March, up from 1.8% in February, statistics agency data showed on Thursday.

The Producer Price Index increased by 1.1% month on month in March, Statistics South Africa said.