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<\/a><\/p>\nFood & NAB inflation climbed to 12,5% in November from 12,0% in October, representing the seventh consecutive month of accelerating price inflation. This rising trend is mainly driven by inflation in bread & cereals, which reached an annual rate of 19,9% in November, up from 19,5% in October. This is notably higher than the modest 2,3% recorded in November 2021.<\/p>\n
The average price of a 2,5\u00a0kg bag of maize meal was R34,08 in November, up from R33,82 in October and R25,591<\/sup> 12 months ago. On average, the price for a loaf of white bread increased to R18,68 in November from R18,54 in October. A year ago, the price was R15,68.<\/p>\n The annual rate for meat was 10,5% in November, unchanged from 10,5% in October. Bacon and other pork products increased by 6,4% and 1,9% respectively between October and November.<\/p>\n Prices of milk, eggs & cheese products rose by 10,9% in the 12 months to November, slightly higher than the rate recorded in October (10,5%). Coffee whitener increased by 4,6% between October and November and full cream long life milk by 2,4%.<\/p>\n The annual rate of change for the oils & fats index declined for the third consecutive month, decreasing to 24,8% from 25,7% in October. The average price for a 750\u00a0ml bottle of sunflower oil was R38,12 in November, lower than the peak of R45,33 recorded in July.<\/p>\n The transport index recorded its fourth consecutive month of disinflation, with the annual rate declining to 15,3% in November from 17,1% in October. This is largely the result of falling fuel prices in recent months, with annual inflation reaching 25,3% in November compared with 30,1% in October. However, fuel prices increased by 3,2% between October and November\u2014a smaller rise than the 7,1% jump between October and November 2021. Used vehicle prices continue to increase rapidly, with monthly increases of approximately 1,3% since the beginning of this year.<\/p>\n Prices charged by restaurants and hotels increased by 7,9% in the year to November. Restaurant prices increased by 7,0% and hotels by 10,1%.<\/p>\n Electronic goods feature in different CPI categories and several of these experienced large monthly price changes. Examples include laptops (1,6%), cell phones (1,7%) and digital cameras (5,3%). Television prices, however, declined by 1,5%.<\/p>\n The charts below show the products that recorded the largest percentage price increases in November.<\/p>\n For more information, download the CPI statistical release and associated Excel files here.<\/a><\/p>\n <\/p>\n 1 <\/sup>The average price of super and special maize meal products.<\/p>\n Similar articles are available on the Stats SA website and can be accessed here<\/a>.<\/p>\n For a monthly overview of economic indicators and infographics, catch the latest edition of the Stats Biz newsletter here<\/a>.<\/p>\n <\/p>\n","protected":false},"excerpt":{"rendered":" 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 »<\/a><\/p>\n<\/a><\/p>\n