Figure 2: Lesotho and South Africa's Inflation Rates. Source: Lesotho CPI – Bureau of Statistics, SA CPI – Statistics South Africa. The rise in inflation since the 18 Apr 2019 Petrol, bread and cereals drive CPI up to 4.5% in March Mashabela on Friday commented on Statistics South Africa's Consumer Price Index This 8% increase in the fuel inflation rate alone accounted for almost the entire 2020, Slight uptick in SA food price inflation in February 2020 on the upside; milk, eggs and cheese price inflation increased by one percentage point from the 18 Apr 2018 Total South African retail sales for February 2018 increased 3.5% year-on-year, Food prices rose in line with the consumer price index (CPI), after (removing the effects of inflation), compared to a 3.3% growth rate in the Statistics South Africa/ Statistieke Suid-Afrika Statistics South Africa: Consumer Price Index: July 2019 Consumer Price Index, Rate (Base Dec 2016=100).
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 South Africa Inflation Rate at 3-Month High of 4.5%. The annual inflation rate in South Africa increased to 4.5 percent in March 2019 from 4.1 percent in the previous month, slightly below market expectations of 4.6 percent. It is the highest inflation rate since December, amid a sharp rise in fuel prices. Consumer Price Index, South Region – February 2020 Prices in the South up 0.2 percent over the month and 1.9 percent over the year The Consumer Price Index for All Urban Consumers (CPI-U) for the South increased 0.2 percent in February, the U.S. Bureau of Labor Statistics reported today.
Consumer Price Index (CPI) for South Africa from Statistics South Africa (Statistics SA) for the Consumer Price Index release. This page provides forecast and historical data, charts, statistics, news and updates for South Africa Consumer Price Index (CPI).
12 Feb 2020 South African inflation is expected to be lower in 2020 than SARB's 4.7% CPI estimate for 2020, opening up room for more rate cuts this year. Inflation as measured by the consumer price index reflects the annual percentage change in the cost to South Africa - Average consumer prices inflation rate. Inflation, consumer prices (annual %) from The World Bank: Data. Consumer price index (2010 = 100) Bank capital to assets ratio (%) South Africa. 2019. 7 Dec 2019 6.3% (2016 est.) Definition: This entry furnishes the annual percent change in consumer prices compared with the previous year's consumer The average growth rate of the so-called 'health price index', which is used for the price indexation of wages, social benefits and house-rent, should be 1.1% in 26 Oct 2015 In addition, the rates of change in sub-indices of the CPI is used in respect of the 2006 price data for comparative purposes. Statistics SA has an
Chart 1: Food Consumer price inflation – Global and regions Note: Annual inflation rates are based on a 12-month average of year-over-year monthly inflation. Africa. 6%. 8%. 13%. 15%. 137. 150. 343. 260. Southern Africa. 8%. 5 %. 11%. Consumer Price Index CPI in South Africa increased to 114.10 points in January from 113.80 points in December of 2019. Consumer Price Index CPI in South Africa averaged 30.51 points from 1960 until 2020, reaching an all time high of 114.10 points in January of 2020 and a record low of 1.20 points in February of 1960. Consumer Price Index (CPI) for South Africa from Statistics South Africa (Statistics SA) for the Consumer Price Index release. This page provides forecast and historical data, charts, statistics, news and updates for South Africa Consumer Price Index (CPI). Most recent CPI South Africa (inflation figure) 3.974 %. When we talk about the rate of inflation in South Africa, this often refers to the rate of inflation based on the consumer price index, or CPI for short. South Africa's Consumer Price Index (CPI) growth was measured at 4.0 % YoY in Jul 2019, compared with a rate of 4.5 % in the previous month. South Africa's Consumer Price Index growth data is updated monthly, available from Jan 1958 to Jul 2019, with an averaged number of 6.6 % YoY. Consumer inflation dropped to 4,0% in January 2019 from 4,5% in December 2018. This is the lowest annual rate since March 2018, when headline inflation came in at 3,8%. The actual index level is now lower than it was in October 2018, according to Stats SA’s latest Consumer Price Index release1. This means that, on average, 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