The CPI inflation rates in the table are presented both on a monthly basis (compared to the month before) as well as on a yearly basis (compared to the same month the year before). Others include: Miscellaneous Goods and Services such as personal care, Insurance and Finance (14.7 percent); Alcoholic Beverages and Tobacco (5.4 percent); Household Contents, Equipment and Maintenance (4.8 percent); Recreation and Culture (4.1 percent); Clothing and Footwear (4.1 percent). Also, there was a slowdown in costs of housing & utilities (4.6% vs 4.8%); alcoholic beverages & tobacco (2.3% vs 3.7%); clothing & footwear (1.4% vs 2.3%); recreation & culture (0.4% vs 0.9%) and restaurants & hotels (1% vs 1.4%). The Consumer Price Index (CPI), which measures the prices of a range of consumer goods and services, increased by 2,1% in May 2020 compared with May 2019. The Trading Economics Application Programming Interface (API) provides direct access to our data. TEForecast The annual inflation rate in South Africa rose to 2.2 percent in June 2020 from an over 15-year low of 2.1 percent in the previous month and matching market expectations.
Inflation Rate YoY
The reading for September 2004, 15 years and eight read more » Posted on July 15, 2020 Facebook Twitter Linkedin Update on the Consumer Price Index (CPI) for May The annual inflation rate in South Africa rose to 2.2 percent in June 2020 from an over 15-year low of 2.1 percent in the previous month and matching market expectations. Consumer Price Index CPI in South Africa increased to 114.90 points in June from 114.30 points in May of 2020. Inflation Rate YoY On a monthly basis, consumer prices were down 0.6%, after decreasing 0.5% in the prior month and compared with market expectations of a 0.5% drop. The Trading Economics Application Programming Interface (API) provides direct access to our data. Inflation Rate YoY In South Africa, the Consumer Price Index or CPI measures changes in the prices paid by consumers for a basket of goods and services.
2016M12=100, NSA It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds. The inflation rate is based upon the consumer price index (CPI). FocusEconomics panelists see the economy shrinking 7.7% in 2020, which is down 0.6 percentage points from last month’s forecast, and expanding 3.3% in 2021. On a monthly basis, consumer prices went up 0.5 percent, rebounding from a 0.6 percent decline in the prior month and compared with market consensus of a 0.45 percent increase. Meantime, inflation remained steady for food & non-alcoholic beverages (at 4.4%) and education (at 6.4%). Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.
The inflation table and graph present the inflation rates during the last 12 months. Read more. 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. Restaurants and Hotels, Education, Communication and Health account for the remaining 10 percent. It was the lowest rate since June of 2005, amid a decrease in transport prices (-3.5% vs 3.4% in March), namely fuels (-12.8% vs 5.5%), prompted by the Covid-19 crisis. Meanwhile, inflation edged higher food & non-alcoholic beverages (4.4 percent vs 4.2 percent); housing & utilities (4.8 percent vs 4.7 percent) and miscellaneous goods & services (6.4 percent vs 6.3 percent). Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.