consumer price inflation Archives

SAFTU calls for an interest rate drop, as consumer inflation eases

By Loushe Jordaan Gilbert Statistics South Africa (Stats SA) released data on Wednesday showing that July's inflation figure is the lowest it has been in three years, since July 2021. Several product categories, such as food and non-alcoholic drinks, as well as transportation, showed lower yearly rates. The drop in inflation from 5.1% in June to 4.6% in July has been enthusiastically observed by the South African Federation of Trade […]

22 August 2024

Local

South Africa’s annual consumer inflation rises to 5.6% in February

By Ragheema Mclean Statistic SA has revealed that South Africa's annual consumer inflation accelerated in February, reaching 5.6% from 5.3% in January and 5.1% in December. Market expectations were for a flat to marginally higher print (5.3%-5.4%), with only outliers anticipating anything higher. The consumer price inflation (CPI) has risen for a second consecutive month, driven by product categories such as housing and utilities, food, and non-alcoholic beverages, as well […]

22 March 2024

News

Recent food price inflation figures gives SA a cause to celebrate

By Melanie Sauer Food price inflation is decreasing and despite disappointing political and economical conditions, South Africans are expected to see gains not just in the supermarket, but in all areas of expenditure. Annual consumer price inflation (CPI) figures released on Wednesday show an 8.7% increase year-on-year in March – a reduction from 10% year-on-year in February. Although this still shows an increase in food prices, analyst at NKC African […]

24 April 2017

consumer price inflation

SAFTU calls for an interest rate drop, as consumer inflation eases

South Africa’s annual consumer inflation rises to 5.6% in February

Recent food price inflation figures gives SA a cause to celebrate

Download our new app

Download
our new app