Update on the Consumer Price Index (CPI) for July
Stats SA will publish the July CPI on Wednesday, 26 August. The collection and compilation of the CPI for July was affected by COVID-19 lockdown restrictions. Read here for more information.
Update on the Consumer Price Index (CPI) for May
The May CPI will be published on Wednesday, 15 July. At the heart of measuring inflation is the comparison of prices of a fixed set of products in two periods. The COVID-19 lockdown restrictions and gradual normalisation have posed particular challenges for the calculation of the consumer price index. Special imputation methods were used in read more »
Media Release: New basket and weights for the Consumer Price Index (CPI)
MEDIA RELEASE 27 January 2017 New basket and weights for the Consumer Price Index (CPI) There are 412 products and services in the new CPI basket, an increase from 396, which now includes new products such as instant noodles, frozen pizzas and pies, and ready-mixed flour products. Stats SA announced the changes to the read more »
Media invite: Release of the Consumer Price Index (CPI),August 2016
Media advisory 19 September 2016 Release of the Consumer Price Index (CPI), August 2016 The Consumer Price Index (CPI) for August 2016 will be released at a media briefing on Wednesday, 21 September 2016 in Pretoria. The CPI is the primary indicator for the measurement of monetary policy and changes in read more »
Statistics South Africa to publish new CPI weights and changes to the basket of goods and services
MEDIA ADVISORY 27 January 2022 Statistics South Africa to publish new CPI weights and changes to the basket of goods and services Statistics South Africa (Stats SA) will publish new weights for the Consumer Price Index (CPI), together with changes to the CPI basket of goods and services, at a virtual media briefing to be read more »
CPI inflation edges lower in June
Annual consumer inflation eased to 4,9% in June after recording a 30-month high of 5,2% in May. The monthly increase in the consumer price index (CPI) was 0,2%, up from 0,1% in May but lower than the 0,5% rise recorded between May and June 2020. If annual consumer inflation is recalculated with the exclusion of read more »
CPI inflation slows to 2,1% in May
Annual consumer price inflation fell to its lowest reading since September 2004, dragged lower mainly by falling fuel prices. The Consumer Price Index (CPI), which measures the prices of a range of consumer goods and services, increased by 2,1% in May 2020 compared with May 2019. The reading for September 2004, 15 years and eight read more »
Changes to the calculation and publication date of the April CPI
The COVID-19 pandemic and the drastic actions taken to prevent its spread have fundamentally impacted the South African economy and Stats SA’s ability to measure it. Government imposed a restrictive five-week lockdown from 27 March to 30 April. Data collection for the March 2020 consumer price index had been completed before the lockdown and it read more »
CPI inflation edges lower in September
South African annual consumer inflation slowed in September, falling to 4,1% from 4,3% recorded in August. The inflation rate has hovered between 4% and 5% since December last year and has been below 4,5% for the past three months. More significantly, it has remained below the South African Reserve Bank’s (SARB) 6% monetary policy ceiling read more »