Category Archives: Inflation

Education costs continue to outstrip inflation

Education costs continue to outstrip inflation

It is often said that an investment in knowledge pays the best interest. A good education is worth its weight in gold, but recent figures released by Stats SA indicate that South African households will have to make more room in their budgets to pay for rising tuition fees. Stats SA updates education inflation figures   read more »


The importance of tracking prices: the case of petrol

The importance of tracking prices: the case of petrol

Changing fuel prices affect us all. With the recent downward trend in prices seemingly coming to an end, South Africans are again left wondering how the petrol price will affect their pockets. Consumer inflation data released today1 provide an indication of the impact that the recent period of low petrol prices had on the cost   read more »


Producer inflation continues to fall

Producer inflation continues to fall

Headline producer inflation, which measures the change in prices of final manufactured goods, has continued to decline. The annual rate fell to 3,5% in January 2015, down from 5,8% in December 2014 and a peak of 8,8% in April 2014. Falling prices for coal and petroleum products continued to drive producer inflation down, while higher   read more »


CPI drops to levels last seen in 2011

CPI drops to levels last seen in 2011

Annual CPI inflation dropped to 4,4% in January 2015 from 5,3% in December 2014, the lowest since April 2011, when the CPI stood at 4,2%. Key drivers pulling the CPI down were petrol and food. The 127c/l drop in the price of petrol in January further contributed to the decline in the CPI for petrol,   read more »


Producer inflation dips below 6% in December

Producer inflation dips below 6% in December

Sharp decreases in the prices of manufactured petroleum products drove producer inflation down, from 6,5% year-on-year in November to 5,8% in December. However, there were noticeable increases in year-on-year prices for meat, tobacco and dairy products. Stats SA’s latest Producer Price Index publication, released on Thursday, 29 January 2015, shows that prices for final manufactured   read more »


CPI inflation slows in December

CPI inflation slows in December

Annual CPI inflation dropped to 5,3% in December 2014 from 5,8% in November 2014. Petrol and food prices, which are key drivers of changes in the CPI, both showed lower annual inflation rates. Food inflation continued its slowing trend with a 7,4% annual rate compared to 7,7% in November 2014. The main drivers of the   read more »


CPI inflation drops to 5,8%

CPI inflation drops to 5,8%

Annual CPI inflation dropped to 5,8% in November 2014 from 5,9% in October.  Petrol and food prices, which are key drivers of changes in the CPI both showed lower annual inflation rates.  Food inflation continued its slowing trend with a 7,7% annual rate compared to 8% in October.  The main drivers of the steadily declining   read more »


Boozy inflation steady on its feet

Boozy inflation steady on its feet

The headline inflation rate was steady at 5,9% in October 2014.  A 2,6% monthly increase in the price of beer was the main driver of the 0,2% change in the headline CPI between September and October.  For the first time, consumers now pay an average of R50 for a six pack of 340ml cans of locally made beer. Wine   read more »


PPI further down in September

Subdued monthly Producer price index (PPI) in September led the annual PPI for final manufactured goods (headline PPI) to drop to 6,9% from 7,2% in August. Food products, beverages and tobacco products remain the main contributors to the annual PPI. Monthly PPI for agriculture increased with 3,2% in September due to higher prices of live   read more »


Inflation for September down to 5,9%

Inflation for September down to 5,9%

The annual inflation rate dropped to 5,9% in September from 6,4% in August. This is the first month since February that it is below the ceiling of the Reserve Bank’s target. The 0,5% drop in the rate was largely because of a 67c/l drop in the petrol price. This is equivalent to a decrease of   read more »