Annual consumer inflation slowed for the third consecutive month, decreasing to 6,9% in January from 7,2% in December. A notable fall in the price of fuel was the biggest factor behind the dip in the headline rate. Food inflation, on the other hand, continues to accelerate. The consumer price index (CPI) declined by 0,1% between   read more »

Annual consumer price index (CPI) inflation registered its second monthly decline in December, edging lower to 7,2% from 7,4% in November and 7,6% in October. The monthly rate in December was 0,4%.   The December release concludes the results for the calendar year. Average annual inflation for 2022 was 6,9%, higher than the 4,5% recorded   read more »

Consumer price inflation moderated slightly in November to 7,4% from 7,6% in October. The monthly change in the consumer price index (CPI) was 0,3% in November, slightly lower than the 0,4% recorded in October. The three categories with the highest annual inflation rates in November were transport (15,3%), food & non-alcoholic beverages (NAB) (12,5%) and   read more »

Consumer price inflation picked up slightly in October, rising to 7,6% from 7,5% in September. The monthly increase in the consumer price index (CPI) was 0,4%, up from 0,1%. Bread & cereals, meat and dairy drive food prices higher The annual rate for food and non-alcoholic beverages edged higher to 12,0% from 11,9% in September.   read more »

Annual consumer price inflation slowed to 7,5% in September from 7,6% in August, edging further down from the 13-year high of 7,8% recorded in July. Fuel prices declined for a second consecutive month, contributing to the softer headline rate. The monthly change in the consumer price index (CPI) for September was 0,1%, lower than 0,2%   read more »

Annual consumer inflation dipped to 7,6% in August from 7,8% in July. The monthly increase in the consumer price index (CPI) was 0,2%, the lowest reading since January 2022 when it was also 0,2%. Fuel prices decreased by 3,8% between July and August, with petrol falling by 5,0% and diesel by 0,9%. This pushed the   read more »

Annual consumer inflation reached another 13-year high, increasing to 7,8% in July from 7,4% in June. Transport; food and non-alcoholic beverages (NAB); and housing and utilities continue to place upward pressure on the annual rate. Bread & cereals, oils & fats, fuel and electricity all made a notable impact on this month’s reading. The consumer   read more »

Annual consumer inflation jumped to 7,4% in June from 6,5% in May, mainly driven by rising transport and food prices. The June rate is the highest reading since May 2009 (8,0%) when the economy was facing the headwind of currency depreciation during the global financial crisis. The Consumer Price Index (CPI) increased by 1,1% between   read more »

Annual consumer price inflation quickened to 6,5% in May from 5,9% in April and March, breaking through the upper limit of the South African Reserve Bank’s monetary policy target range. This is the highest reading since January 2017 when the rate was 6,6%. The monthly change in the consumer price index (CPI) was 0,7%. The   read more »

The annual change in the consumer price index (CPI) was 5,9% in April, unchanged from 5,9% in March. The monthly rate decreased to 0,6% from 1,0%. This is the third time in five months that the annual rate was 5,9%, testing the 6% upper limit of the South African Reserve Bank’s monetary policy target range.   read more »