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The Consumer Price Index came out unchanged at 5% compared to September. Food and transport costs are the biggest contributors to the rate, with the transport index increasing by 10.9% in October 2021 compared with October 2020. And the SARB has raised its main lending rate by 25 basis points to 3.75%, meaning the prime lending rate of commercial banks will increase to 7.25%.

The headline inflation rate in May 2021 accelerated to 5.2 % year on year. The prices of food, transport, public transport and administered prices continue to drive inflation. Remember that inflation statistics refer to the past twelve months, while wage increases refer to the months to come.

The headline annual inflation rate increased to 4.4% in April 2021 from 3.2% in March 2021. The Consumer Price Index (CPI) increased by 0.7% month-on-month in April 2021.

The headline annual inflation rate increased to 3.2% in March 2021 from 2.9% in February 2021.

The headline annual inflation rate increased to 3.2% in January 2021 from 3.1% in December 2020. Food price slowed to 5.6%.

The headline annual inflation rate declined to 3.1% in December 2020 from 3.2% in November 2020. The Consumer price index increased by 0.2% month-on-month in December 2020.

The headline annual inflation rate declined to 3.2% in November 2020 from 3.3% in October 2020. On a month-on-month basis the inflation rate came at 0% in November 2020 from 0.3% in October 2020.