Petrol price decrease puts brake on inflation

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Petrol price decrease puts brake on inflation

Petrol price decrease puts brake on inflation

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 »


Inflation down for the second month in a row

Inflation down for the second month in a row

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 »


Inflation back in target band…but food inflation pressures

Inflation back in target band…but food inflation pressures

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 »


Inflation up to 6,3%

The annual inflation rate jumped to 6,3% in July from the 5,5% recorded in June. This is the first time since April 2012 that the CPI has strayed outside of the inflation target band. The increase in the annual rate was almost totally due to the 84c/l increase in the petrol price which resulted in   read more »


The annual CPI inflation rate dipped by 0,1% to 5,5% in June 2013

Food inflation recorded its fourth successive year on year increase and is now at its highest point for the year.  The inflationary pressures are distributed across a range of food groups, with processed food reflecting a higher rate of inflation at 7,6% compared to processed food at 6,3%.   Prices of alcoholic beverages dropped on average by 0,3%   read more »


Economic wrap-up for July 2024

Economic wrap-up for July 2024

After a busy June, Stats SA’s publication schedule was quieter in July. The agency published 22 releases. Key highlights include an update on inflation and an exploration of South Africa’s biodiversity-based tourism sector. Consumer inflation softens to a six-month low Headline inflation edged lower to 5,1% in June from 5,2% in May. June’s print is   read more »


Economic wrap-up for May 2024

Economic wrap-up for May 2024

Stats SA published 24 releases in May, with many providing a preliminary overview of economic performance in the first quarter (January–March). Key industries down in the first three months of the year Mining, manufacturing, electricity, construction, retail trade, motor trade and road transport were weaker in the first quarter of 2024 compared with the fourth   read more »


Stats Biz – April 2024

Stats SA collects information on education fees once a year in March. According to the latest review, education is 6,3% more expensive in 2024 than in 2023. High schools recorded the most significant fee increases, followed by primary schools and tertiary institutions. Explore education inflation, as well as other stories, in this edition of Stats   read more »


Economic wrap-up for April 2024

Economic wrap-up for April 2024

  After a bumper month in March, Stats SA’s publication schedule was quieter in April. The statistical agency published 20 releases, many of which provide an update on the state of the economy. Consumer inflation remains above 5% Annual consumer inflation declined to 5,3% in March after climbing for the first two months of the   read more »


Mbalo Brief – March 2024

South Africa has been experiencing drier and hotter weather in the last few months. According to the South African Weather Service (SAWS) the heatwave that started on Sunday, 19 November 2023 and reached its peak on 27 November, broke records for being the hottest November in the country. On the 27th of November, more than   read more »


P0310.1 - National Poverty Lines

In 2012, the South African government adopted the use of three national poverty lines for the measurement and monitoring of money-metric poverty in the country. For the construction of these lines, Statistics South Africa used an internationally recognized approach, namely the cost-of-basic-needs approach which links welfare to the consumption of goods and services. The National Poverty Lines statistical release provides the annual inflation-adjusted line values for South Africa’s three official poverty lines, namely the food poverty line (FPL), lower-bound poverty line (LBPL) and upper-bound poverty line (UBPL). These lines capture different degrees of poverty and allow the country to measure and monitor poverty at different levels.read more »


P0142.1 - Producer Price Index (PPI)

This publication contains results of the monthly Surveys of Prices of Locally Produced Commodities (which are locally sold or exported). These indices for commodities are classified to designated industries of the South African economyread more »


P0142.7 - Export and import unit value indices

Export and import unit value indicesread more »


P0151.1 - Construction Materials Price Indices

This publication consists of indices for contract prices adjustment provisions (CPAP) as well as construction input price indices (CIPI).read more »


P0141 - Consumer Price Index (CPI)

This release contains results of the monthly Survey of Consumer (Retail) Prices. The purpose of the survey is to collect and provide information regarding changes in the overall level of prices of all goods and services bought by the average household. This publication contains the CPI (Inflation) rates. The P0141 contains information on all urban areas and the Additional tables contains information for provinces, Primary urban areas, Secondary urban areas and Rural areas.read more »


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Inflation

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.

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