![\"cpilast\"](\"https:\/\/www.statssa.gov.za\/wp-content\/uploads\/2023\/12\/cpilast.jpg\")
<\/a><\/p>\nThe monthly change in the consumer price index (CPI) was -0,1%. The decline was mainly driven by a monthly decrease of 5,5% in the fuel price index, which drove the annual rate for fuel lower to 1,8% in November from 11,2% in October. This, in turn, led to a reduction in the annual rate for transport, which decreased to 4,3% from 7,4%.<\/p>\n
Inflation for food & non-alcoholic beverages at a four-month high<\/strong><\/p>\n Annual inflation for food & non-alcoholic beverages accelerated to a four-month high of 9,0%. Meat inflation crept up to 3,5% from 3,4% in October. The outbreak of avian flu continued to disrupt the poultry market. The annual rate for IQF (individual quick frozen) chicken was 7,3% in November, up from 5,5% in October. Non-IQF frozen chicken recorded an annual rate of 9,1% in November. Egg prices continued to boil, heating by a monthly 10,6%. This pushed the annual rate for eggs higher to 39,9% from 24,4% in October.<\/p>\n Fruit products recorded an annual increase of 11,5% in November, the highest reading since December 2020 when the rate was 11,8%.<\/p>\n The annual print for sugar, sweets & desserts was 18,5%, up from October\u2019s 17,6%. In the 12 months to November, prices for white sugar increased by 21,4%, brown sugar by 23,7% and chocolate slabs by 11,8%.<\/p>\n Annual inflation for bread & cereals declined for a seventh consecutive month, edging lower to 8,5% from 8,8% in October. Vegetable inflation eased too, cooling slightly to 23,5% from 23,6% in October. Onion prices declined for a fifth straight month, decreasing by 6,1% in November compared with October. Consequently, the annual rate for onions cooled to 2,5%. This reading is much lower than the eye-watering peak of 64,5% recorded in June this year.<\/p>\n The price index for hot beverages rose by 11,4% in the 12 months to November. Apart from August 2023, the annual inflation rate for instant coffee has occupied double-digit territory since March 2022.<\/p>\n Other notable price changes in November<\/strong><\/p>\n Household maintenance services, which include rates for plumbers and electricians, are surveyed in May and November each year. This category registered an annual rate of 7,4% in November, the highest rate since the current CPI series began in 2008.<\/p>\n Pharmaceutical products recorded an annual price increase of 7,5%. Non-prescription medicine products that registered high inflation rates include vitamin and mineral supplements (up 13,2%), heartburn medication (up 12,6%), pain killers (up 12,3%) and cough syrup (up 10,3%).<\/p>\n The graphs below show the products that recorded the most significant annual and monthly price increases in November.<\/p>\n Download the November\u00a02023 CPI statistical release and Excel files with indices and average prices here<\/a> . The archive is available here<\/a>.<\/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","protected":false},"excerpt":{"rendered":" Following a three-month upswing, headline consumer inflation cooled to 5,5% in November from 5,9% in October. The monthly change in the consumer price index (CPI) was -0,1%. The decline was mainly driven by a monthly decrease of 5,5% in the fuel price index, which drove the annual rate for fuel lower to 1,8% in November read more »<\/a><\/p>\n<\/a><\/p>\n