Drivers of inflation in south africa

 · South Africa - Inflation Inflation remains steady in October. Consumer prices increased % in October over the previous month, below the % increase logged in September. October's result marked the softest rise in prices since June. Looking at the details of the release, prices for housing and utilities rose at a marginally slower pace in.  · So then back to the Rose chart and what it says about South Africa's inflation rate. As the chart shows, the four biggest contributors to South Africa's inflation rate is: Food; Housing; Transport; Miscellaneous goods and services; Food prices are largely dependent on weather conditions. Inflation Rate in South Africa averaged percent from until , reaching an all time high of percent in January of and a record low of percent in January of This page provides - South Africa Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The main contributors to headline inflation included housing and utilities, transport and food, which added %, % and % respectively in June , said the Macro Research team at Momentum. On a monthly basis, consumer prices ticked up %, slowing from a % gain in the prior month and almost in line with forecasts of a % rise. source: Statistics South Africa. Inflation Rate in South Africa averaged percent from until , reaching an all time high of percent in January of and a record low of percent in January of Consumer price inflation hits a month high. Annual headline inflation jumped to 4,4% in April from 3,2% in March, mainly driven by rising transport and food prices. This is the highest reading since before the lockdown, which was 4,6% in February Over the last 14 months, consumer price inflation was relatively subdued throughout the lockdown.

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