![Consumer inflation slows for a second consecutive month](https://www.statssa.gov.za/wp-content/uploads/2024/05/cpimay2-64x64.jpg)
Consumer inflation slows for a second consecutive month
The consumer price index (CPI) recorded an annual increase of 5,2% in April, down from 5,3% in March and 5,6% in February. Housing & utilities, miscellaneous goods & services, food & non-alcoholic beverages (NAB) and transport were the main drivers behind the headline rate in April. The monthly change in the CPI was 0,3% in read more »
![Consumer inflation cooled in March](https://www.statssa.gov.za/wp-content/uploads/2024/04/cp3-64x64.jpg)
Consumer inflation cooled in March
Following a two-month upswing, headline inflation softened to 5,3% in March from 5,6% in February. The rate has held its ground between 5% and 6% since September 2023. The monthly change in the consumer price index (CPI) was 0,8% in March. This is lower than the 1,0% increase in February. The biggest movers in March The read more »
![Consumer inflation inches higher in January](https://www.statssa.gov.za/wp-content/uploads/2024/02/imagenew-64x64.jpg)
Consumer inflation inches higher in January
After two consecutive months of decline, annual consumer inflation crept up in January, rising to 5,3% from 5,1% in December. The monthly change in the consumer price index (CPI) was 0,1% in January. The categories in the CPI basket with the largest annual price increases were restaurants & hotels at 8,0%, food & non-alcoholic beverages read more »
![Consumer inflation slowed in November](https://www.statssa.gov.za/wp-content/uploads/2023/12/cpiila2-64x64.jpg)
Consumer inflation slowed in November
Following a three-month upswing, headline consumer inflation cooled to 5,5% in November from 5,9% in October. The monthly change in the consumer price index (CPI) was -0,1%. The decline was mainly driven by a monthly decrease of 5,5% in the fuel price index, which drove the annual rate for fuel lower to 1,8% in November read more »
![Consumer inflation accelerates to 5,9%](https://www.statssa.gov.za/wp-content/uploads/2023/11/cpi4-64x64.jpg)
Consumer inflation accelerates to 5,9%
Annual consumer inflation increased for a third consecutive month in October, verging on the upper limit of the South African Reserve Bank’s inflation target range. The headline rate was 5,9%, up from 5,4% in September. Consumer prices increased on average by 0,9% between September and October, the highest monthly rise in three months. The following read more »
![Consumer inflation edges higher in August](https://www.statssa.gov.za/wp-content/uploads/2023/09/CPIAug3-64x64.jpg)
Consumer inflation edges higher in August
After four consecutive months of decline, annual consumer inflation pushed up in August, rising to 4,8% from 4,7% in July. Inflation for food & non-alcoholic beverages (NAB) continued to cool, taking some of the heat off the headline rate. This was not enough, however, to counteract a rise in fuel prices and increases in municipal read more »
![Consumer inflation lowest in two years](https://www.statssa.gov.za/wp-content/uploads/2023/08/CPIPic3-1-64x64.jpg)
Consumer inflation lowest in two years
Annual consumer inflation slumped to 4,7% in July from 5,4% in June. This is the lowest reading since July 2021, when the rate was 4,6%. Consumer prices increased on average by 0,9% between June 2023 and July 2023. This is up from the monthly rise of 0,2% recorded in both May and June. Transport taps the brakes on read more »
![Consumer inflation retreats to 5,4%](https://www.statssa.gov.za/wp-content/uploads/2023/07/cpi2-64x64.jpg)
Consumer inflation retreats to 5,4%
Annual headline inflation cooled to 5,4% in June from 6,3% in May, sinking below the upper limit of the South African Reserve Bank’s monetary policy target range. The last time inflation was below 6% was in April 2022. The rate in June is the lowest reading in 20 months (since October 2021) when the rate was 5,0%. The read more »
![Inflation rises for a second consecutive month as food prices bite](https://www.statssa.gov.za/wp-content/uploads/2023/04/cpi2-64x64.jpg)
Inflation rises for a second consecutive month as food prices bite
Headline consumer inflation edged higher to 7,1% in March from 7,0% in February and 6,9% in January. The monthly change in the consumer price index (CPI) was 1,0% in March, the most significant monthly rise since July 2022 when it was 1,5%. Food & non-alcoholic beverages and transport were the main drivers behind the annual read more »
![2022: A rocky road for product prices](https://www.statssa.gov.za/wp-content/uploads/2023/02/CPI0214Pic2-64x64.jpg)
2022: A rocky road for product prices
Consumer inflation hit its highest level in 13 years during 2022. The average inflation rate for the year (6,9%) hides the differences in timing and extent of price increases for different product groups. Transport and food & non-alcoholic beverages (NAB) had the biggest impact on overall inflation. Breaking the year down, the headline rate was read more »