CPI inflation edges up in August
Annual consumer inflation quickened in August, reaching 4,3% year-on-year from the 4,0% recorded in July. This was associated with higher inflation in food and non-alcoholic beverages, housing, transport and recreation. Annual food inflation reached its highest level in 18 months, registering 3,8% in August. The pickup in food inflation was mainly driven by upward pressure read more »
Stats SA to make more detailed CPI data available
More detailed data from the consumer price index (CPI) will be made available on the Stats SA website from this month onwards, starting with the July 2018 CPI release that will be published on 22 August 2018. New time series will be available in Excel and ASCII formats at a further level of detail than read more »
Media Invite: Living Conditions Survey /New weights CPI basket
MEDIA ADVISORYÂ Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â 17 January 2017 Release of the Living Conditions Survey and the new weights for the Consumer Price Index (CPI) Statistics South Africa (Stats SA) will release the results of the Living Conditions Survey (LCS) 2014/2015 and the new weights for the Consumer Price Index (CPI) on Friday, 27 January 2017 at read more »
Media Statement: Statistics South Africa to make changes to CPI basket and weights
Media Statement                                                                                  21 September 2016 Statistics South Africa to make changes to CPI basket and weights Statistics South Africa today announced that it would make changes to the Consumer Price Index (CPI) basket of goods and services, and the weights attached to these, with effect from the January 2017 release of the CPI. read more »
Media statement: The incorporation of lottery price changes into the CPI
Media statement                                   15  September 2016  Media statement on the incorporation of lottery price changes into the CPI On Monday, 13 September 2016, Statistics South Africa announced through a note on its website, that recent price increases in lottery tickets would be incorporated into the August Consumer price index (CPI) release, due out on read more »
Media Announcement: Consumer Price Index (P0141) August 2016 – Release date 21 September 2016
Media Announcement                                                                                     13 September 2016 Consumer Price Index (P0141) August 2016 – Release date 21 September 2016 Not all items in the CPI are surveyed each month. A detailed survey schedule of the items that are not surveyed monthly is available in Table F of the monthly publication. Lotto tickets (Recreation and read more »
South Africa’s CPI reveals how volatile inflation hurts the poorest
Patrick Kelly, Executive Manager for Price Statistics, provides some insights into how inflation affects the most vulnerable. The combined effect of the severe drought and the depreciation of the rand drove annual food inflation to 9,8% in March, its highest level in four years. Periods of high food inflation often spark an outpouring of concern read more »
Notice on the premature release of Consumer Price Index data
17 June 2015 An unforeseen technical fault caused a breach in the embargo time of the Consumer Price Index (CPI) release of the May 2015. Twenty-two (22) mailing list subscribers received the release earlier than the normal planned time. The scheduled time for the release of CPI data was 10H00 on Wednesday, 17 June 2015; read more »
Changes to the basket and weights of the Producer Price Index, 25 February 2014
The January 2014 statistical release of the Producer Price Index (to be released on 27 February) will show changes to the weights and basket of the indices. The methodology of the new PPI series that was introduced last year is to update the weights on an annual basis. The PPI has weights at two levels. read more »
What is the Consumer Price Index?
The Consumer Price Index (CPI) measures monthly changes in prices for a range of consumer products. Changes in the CPI record the rate of inflation. The CPI can also be used as a cost-of-living index. HOW IS THE CPI MEASURED? The prices of goods and services consumed by South Africans are used to calculate an read more »