Inflation hits 6,6% in May 2014, the highest rate in almost five years (6,8% in July 2009).  The monthly increase is a modest 0,2%. The big jump in the annual rate is mainly as a result of a drop of 0,3% in the index in May 2013. This drop was mainly a result of a 73c/l   read more »

The headline inflation rate continues to increase, printing at 6,1% in April with a 0,5% monthly increase. The big driver of the monthly increase is food and non-alcoholic beverages prices which registered a monthly increase of 1,3%. Within food, meat (2,0% month-on-month), and particularly beef (4,2% m/m) prices have accelerated. Maize, which is another heavily   read more »

Hitting the ceiling of the South African Reserve Bank (SARB) inflation target range, the CPI comes in at 6% this month, with a 1,3% monthly increase. The monthly increase is the largest since June 2008 (1,4%). The monthly increase has been steadily increasing since a low of 0,1% in November 2013. Food and non-alcoholic beverages   read more »

Consumer inflation edged up to 5,9% in February, just under the SARB target ceiling of 6%, from the 5,8% recorded in January. The monthly increase was 1,1%. There were three main groups contributing to the upward pressure this month – food, petrol and health insurance. Food and non-alcoholic beverages inflation increased to 5,4%, from 3,5%    read more »

2014 kicked off with an acceleration in the inflation rate to 5,8% from the 5,4% recorded in December last year.  A 3% monthly increase in the petrol price was the biggest factor driving the change.  Annual petrol inflation now stands at just under 15%. Food prices rose by 1,6% between December and January, mainly driven   read more »

If you were fortunate enough to go away during the December holidays, January may be the time you look back on how much it all cost you. CPI inflation for December 2013 was 5,4%, slightly higher than the 5,3% of November 2013. But most of the specific holiday costs are showing inflation rates above this average. If you   read more »

CPI inflation registered its third successive decrease in November 2013, printing at 5,3% against October’s 5,5%. The monthly increase in the CPI was a mild 0,1%. The drop of 28c/l in the petrol price was the main cause of the slowdown in inflation in November 2013 together with decreases in certain cell phone call and   read more »

Subdued monthly price increases led the annual Producer Price Index (PPI) for final manufactured goods (headline PPI) to drop to 6,3% in October from 6,7% in September and August 2013. The monthly figure increased by 0,5% – up slightly from the 0,4% increase in September and lower than the 0,9% in October 2012. The two   read more »

The CPI inflation rate fell for the second consecutive month in October to 5,5% from 6% in September. The drop is mainly because of lower monthly price increases, especially when compared to the same period in 2012. The monthly increase was 0,2% compared to 0,6% in October last year. The drop in the petrol price   read more »

The annual inflation rate dipped to 6% in September, from the 6,4% registered in August. Much of the monthly increase of 0,5% came from strong increases in basic necessities such as maize meal, rice, bread and meat. Food prices increased by 0,8% from August to September – the highest monthly increase since January this year.   read more »