Inflation

Quick Fact

Monthly change in fruit prices: -7,3%.

The Consumer Price Index (CPI) and Producer Price Index (PPI) are the two primary measures of inflation for South Africa. Both indicators are published on a monthly basis.The Consumer Price Index tracks the rate of change in the prices of goods and services purchased by consumers. The headline CPI is used as the inflation target measure which guides the South African Reserve Bank on the setting of interest rates.

The Producer Price Index tracks the rate of change in the prices charged by producers of goods. Stats SA publishes PPIs for different industries with the PPI for final manufactured goods being the headline PPI. Additional PPIs are compiled for Agriculture, forestry and fishing; Mining and quarrying; Electricity and water; Intermediate manufactured goods; Imports and Exports; and Construction.

The PPI is widely used by businesses as a contract escalator and as a general indicator of inflationary pressures in the economy.

Consumer Price Index

Producer Price Index

Media invite: GDP Q2 of 2016

Media advisory 01 September 2016 Statistician-General to release Gross domestic product (GDP), Q2 2016   The Statistician-General of South Africa, Dr Pali Lehohla, will release the Gross domestic product (GDP) estimatesfor the second quarter of 2016 at a media briefing to be held on Tuesday, 6 September 2016 in Pretoria.   The media briefing will   read more »