Mar 7, 2019 by Nersa is above the inflation rate and will place upwards pressure on CPI inflation in SA from July. ▫ Nersa has also approved a 8.1% and Apr 11, 2019 The South African Reserve Bank is steadfast that it wants to see inflation expectations anchored at the 4.5 percent midpoint of its target range, Sep 29, 2017 StatsSA publishes the CPI index monthly as Publication P0141. The basket is made up of 12 main expenditure groups, each with its own When we talk about the rate of inflation in South Africa, this often refers to the rate of inflation based on the consumer price index, or CPI for short.The South African CPI shows the change in prices of a standard package of goods and services which South African households purchase for consumption.
This publication contains the CPI (Inflation) rates. The P0141 contains information on all urban areas and the Additional tables contains information for provinces
Inflation Rate in South Africa averaged 8.94 percent from 1968 until 2020, reaching an all time high of 20.70 percent in January of 1986 and a record low of 0.20 percent in January of 2004. This page provides - South Africa Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. South Africa's Consumer Price Index (CPI) growth was measured at 4.5 % YoY in Jan 2020, compared with a rate of 4.0 % in the previous month. South Africa's Consumer Price Index growth data is updated monthly, available from Jan 1958 to Jan 2020, with an averaged number of 6.5 % YoY. South Africa Inflation Rate was 4.5 % in 2020. Statistics on Consumer Price Index (CPI), food inflation and Harmonised Consumer Prices. Historical data on core CPI in South Africa. The Consumer Price Index (CPI) measures monthly changes in prices for a range of consumer products. Changes in the CPI record the rate of inflation. The CPI can also be used as a cost-of-living index. HOW IS THE CPI MEASURED? The prices of goods and services consumed by South Africans are used to calculate an inflation rate for the whole economy.
Feb 12, 2020 South African inflation is expected to be lower in 2020 than SARB's 4.7% CPI estimate for 2020, opening up room for more rate cuts this year.
The average growth rate of the so-called 'health price index', which is used for the price indexation of wages, social benefits and house-rent, should be 1.1% in