{"id":18234,"date":"2025-03-19T10:03:37","date_gmt":"2025-03-19T08:03:37","guid":{"rendered":"https:\/\/www.statssa.gov.za\/?p=18234"},"modified":"2025-03-19T10:06:39","modified_gmt":"2025-03-19T08:06:39","slug":"consumer-inflation-holds-steady","status":"publish","type":"post","link":"https:\/\/www.statssa.gov.za\/?p=18234","title":{"rendered":"Consumer inflation holds steady"},"content":{"rendered":"<p>Annual consumer price inflation was 3,2% in February, unchanged from January. This marks the fourth consecutive month that inflation has remained above the four-and-a-half-year low of 2,8% in October. The monthly change in the consumer price index (CPI) was 0,9% in February.<\/p>\n<p><a href=\"https:\/\/www.statssa.gov.za\/wp-content\/uploads\/2025\/03\/cp1.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-medium wp-image-18235\" src=\"https:\/\/www.statssa.gov.za\/wp-content\/uploads\/2025\/03\/cp1-300x189.jpg\" alt=\"cp1\" width=\"300\" height=\"189\" srcset=\"https:\/\/www.statssa.gov.za\/wp-content\/uploads\/2025\/03\/cp1-300x189.jpg 300w, https:\/\/www.statssa.gov.za\/wp-content\/uploads\/2025\/03\/cp1-768x483.jpg 768w, https:\/\/www.statssa.gov.za\/wp-content\/uploads\/2025\/03\/cp1-1024x643.jpg 1024w, https:\/\/www.statssa.gov.za\/wp-content\/uploads\/2025\/03\/cp1-100x63.jpg 100w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><\/p>\n<p>Recreation, sport &amp; culture; food &amp; non-alcoholic beverages (NAB); alcoholic beverages &amp; tobacco; and communication recorded higher annual rates in February. Inflation cooled for several product categories, most notably personal care &amp; miscellaneous services; health; restaurants &amp; accommodation; furnishings, household equipment &amp; routine maintenance; and transport.<\/p>\n<p><strong>Maize meal inflation remains hot<\/strong><\/p>\n<p>The annual rate for food &amp; NAB accelerated to a four-month peak in February, rising to 2,8% from 2,3% in January. Fruit &amp; nuts, vegetables, hot beverages, seafood, meat and cereals recorded higher rates. However, cold beverages; milk, dairy &amp; eggs; oils &amp; fats; and sugar, confectionery &amp; desserts witnessed slower price increases.<\/p>\n<p>Maize meal inflation reached a 17-month high and samp a 19-month high in February. The price index for maize meal increased by an annual 10,6% and samp by 18,7%. In terms of average prices, a 5\u202fkg bag of maize meal was R74,91 in February, up from R68,52 a year ago. The price for samp (1\u202fkg) increased to R22,86 from R19,28 over the same period.<\/p>\n<p>These increases are driven by inflationary pressure in the production chain. According to the latest producer price index (PPI), annual farm inflation for maize was 64,7% and factory-gate inflation was 15,0% in January.<\/p>\n<p><a href=\"https:\/\/www.statssa.gov.za\/wp-content\/uploads\/2025\/03\/cpi2.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-medium wp-image-18236\" src=\"https:\/\/www.statssa.gov.za\/wp-content\/uploads\/2025\/03\/cpi2-300x189.jpg\" alt=\"cpi2\" width=\"300\" height=\"189\" srcset=\"https:\/\/www.statssa.gov.za\/wp-content\/uploads\/2025\/03\/cpi2-300x189.jpg 300w, https:\/\/www.statssa.gov.za\/wp-content\/uploads\/2025\/03\/cpi2-768x483.jpg 768w, https:\/\/www.statssa.gov.za\/wp-content\/uploads\/2025\/03\/cpi2-1024x643.jpg 1024w, https:\/\/www.statssa.gov.za\/wp-content\/uploads\/2025\/03\/cpi2-100x63.jpg 100w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><\/p>\n<p>On average, consumer prices for meat remained stable in February, recording a monthly change of 0%. The annual rate for the category was also 0%, indicating that prices (on average) remained stable in the 12\u00a0months to February.<\/p>\n<p>While meat remains subdued, inflation for hot beverages continues to accelerate. The annual change in the price index for hot beverages was 14,6% in February, up from 13,7% in January. Prices rose sharply by 1,1% between January and February. Instant coffee recorded an annual rate of 19,0%, the highest in six months. The rate for black tea was 12,4%.<\/p>\n<p>The graphs below show food and beverage products that registered notable price changes in February.<\/p>\n<p><a href=\"https:\/\/www.statssa.gov.za\/wp-content\/uploads\/2025\/03\/cpi34.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-medium wp-image-18237\" src=\"https:\/\/www.statssa.gov.za\/wp-content\/uploads\/2025\/03\/cpi34-300x161.jpg\" alt=\"cpi34\" width=\"300\" height=\"161\" srcset=\"https:\/\/www.statssa.gov.za\/wp-content\/uploads\/2025\/03\/cpi34-300x161.jpg 300w, https:\/\/www.statssa.gov.za\/wp-content\/uploads\/2025\/03\/cpi34-768x411.jpg 768w, https:\/\/www.statssa.gov.za\/wp-content\/uploads\/2025\/03\/cpi34-1024x548.jpg 1024w, https:\/\/www.statssa.gov.za\/wp-content\/uploads\/2025\/03\/cpi34-100x54.jpg 100w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><\/p>\n<p><strong>Other notable price changes<\/strong><\/p>\n<p>Stats SA surveys medical insurance (medical aid premiums) and health services in February. Medical aid premiums increased by 10,5% this year, slightly up from 10,3% in 2024. Medical services rose by 6,1% compared with a 5,0% rise last year. General practitioner\u2019s fees increased by 6,6% and dentist prices were up by 5,2%.<\/p>\n<p>Fuel prices climbed by 3,9% between January and February, taking the annual rate to -3,6% from -4,5% in January. The price for inland 95-octane petrol was R22,41 in February, up from R21,59 in January. Despite this increase, the price is still lower than it was a year ago (R23,24).<\/p>\n<p>For more information, download the February 2025 CPI statistical release and associated Excel files with indices and average prices<a href=\"https:\/\/www.statssa.gov.za\/?page_id=1854&amp;PPN=P0141&amp;SCH=73845\"> here.<\/a> The February CPI is the second to incorporate the changes to the CPI basket and weights announced in January. Various documents covering the changes are available, including a <a href=\"https:\/\/www.statssa.gov.za\/?p=17989\">summary article<\/a>, <a href=\"https:\/\/www.statssa.gov.za\/cpi\/documents\/CPI%20Basket%20and%20weights%20update%20280125.pdf\">an overview note<\/a>, <a href=\"https:\/\/www.statssa.gov.za\/publications\/P01415\/P014152023.pdf\">the release<\/a>, and a <a href=\"https:\/\/www.statssa.gov.za\/cpi\/documents\/CPI%202025%20weights%20presentation%20final.pdf\">media presentation<\/a>. Additional documents are available <a href=\"https:\/\/www.statssa.gov.za\/?page_id=2528\">here<\/a>.<\/p>\n<p>&nbsp;<\/p>\n<p><sup>1<\/sup> Department of Mineral Resources and Energy. <em>Comparing prices for petrol, diesel and illuminating paraffin (IP)<\/em> (click <a href=\"https:\/\/www.dmre.gov.za\/energy-resources\/energy-sources\/pretoleum\/petrol-price-archive\">here<\/a>).<\/p>\n<p>Similar articles are available on the Stats SA website and can be accessed <a href=\"https:\/\/www.statssa.gov.za\/?page_id=624\">here<\/a>.<\/p>\n<p>For a monthly overview of economic indicators and infographics, catch the latest edition of the Stats Biz newsletter <a href=\"https:\/\/www.statssa.gov.za\/?page_id=6048\">here<\/a>.<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Annual consumer price inflation was 3,2% in February, unchanged from January. This marks the fourth consecutive month that inflation has remained above the four-and-a-half-year low of 2,8% in October. The monthly change in the consumer price index (CPI) was 0,9% in February. Recreation, sport &amp; culture; food &amp; non-alcoholic beverages (NAB); alcoholic beverages &amp; tobacco;&nbsp; &nbsp;<a href=\"https:\/\/www.statssa.gov.za\/?p=18234\" class=\"btn btn-mini btn-info pull-right\" style=\"margin:10px 30px;\">read more &raquo;<\/a><\/p>\n<div class=\"clear\"><\/div>\n","protected":false},"author":11,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[30,6,33],"tags":[],"class_list":["post-18234","post","type-post","status-publish","format-standard","hentry","category-economic-growth","category-economy-data-stories","category-inflation"],"_links":{"self":[{"href":"https:\/\/www.statssa.gov.za\/index.php?rest_route=\/wp\/v2\/posts\/18234","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.statssa.gov.za\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.statssa.gov.za\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.statssa.gov.za\/index.php?rest_route=\/wp\/v2\/users\/11"}],"replies":[{"embeddable":true,"href":"https:\/\/www.statssa.gov.za\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=18234"}],"version-history":[{"count":2,"href":"https:\/\/www.statssa.gov.za\/index.php?rest_route=\/wp\/v2\/posts\/18234\/revisions"}],"predecessor-version":[{"id":18241,"href":"https:\/\/www.statssa.gov.za\/index.php?rest_route=\/wp\/v2\/posts\/18234\/revisions\/18241"}],"wp:attachment":[{"href":"https:\/\/www.statssa.gov.za\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=18234"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.statssa.gov.za\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=18234"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.statssa.gov.za\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=18234"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}