Annual consumer price inflation was 5,2% in May, unchanged from April. The monthly change in the consumer price index (CPI) was 0,2%. Annual rates for four of the twelve product groups remained steady between April and May, including food & non-alcoholic beverages (NAB). Higher rates were recorded for transport, alcoholic beverages & tobacco and recreation   read more »

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 »

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 »

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 »

Annual consumer price inflation pulled back in December, easing to 5,1% from 5,5% in November and 5,9% in October. The consumer price index (CPI) was unchanged month-on-month in December. Inflation was softer in the second half of 2023 The December release concludes the results for 2023. The average inflation rate for the year was 6,0%,   read more »

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 »

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 »

Stats SA published 25 statistical releases in October. Here is a quick overview of key economic indicators shaping the South African economy. Consumer inflation rises for a second consecutive month Inflation worries were stoked once again in September. The consumer price index (CPI), which reflects the changes in prices of a representative basket of goods   read more »

Consumer price inflation increased to 5,4% in September from 4,8% in August. This brings the rate to the same level as June this year. Fuel prices cast a shadow The fuel index increased for a second consecutive month, rising by 7,6% between August and September. The price of inland 95-octane petrol jumped by R1,71 in   read more »

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 »