China’s latest growth figures, an EU summit and earnings reports from some of America’s largest companies will dominate the global economy this week.
With no big policy meetings and few major data releases scheduled this week, global markets will take their cues from Europe, writes Matt Quigley.
The consumer price index is as good as it gets and it cannot be dismissed lightly, writes Patrick Kelly, from StatsSA.
Consumer price inflation slowed markedly in May, reaching 5.7% year on year thanks mainly to an unexpected drop in some food prices.
The headline inflation rate for April 2012 was 6.1%, Statistics South Africa said on Wednesday.
The consumer price index for urban areas in Rwanda has risen by almost 3% due and this has been attributed partly to higher food prices.
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/ 18 January 2012
South Africa’s consumer price index, which was expected to have increased, has remained steady at 6.1% year-on-year in December.
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/ 17 January 2012
As Stats SA is due to release December’s consumer price index this week, economists suggest consumer inflation is likely to have risen to 6.2%.
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/ 14 December 2011
South Africa’s consumer price index, expected to lift to 0.2%, has increased by 0.1% in November, settling at 6.1% for November.
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/ 29 September 2011
What exactly in my so-called basket is only costing me 5.3% more than the official CPI figure?
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/ 21 September 2011
Inflation will slip out of the SA Reserve Bank’s target band by the end of 2011 but will leave the repo rate unaffected, economists predict.
Inflation in SA remains "highly persistent" although pressures have been contained by weak demand and a relatively strong rand, says Pravin Gordhan.
The increase in SA’s consumer price index was 4.6% year on year in May from 4.2% year on year in April, Statistics SA has said.
South Africa’s headline consumer inflation accelerated more than expected to a nine-month high in March, mainly driven by higher food prices.
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/ 23 February 2011
Confused by the difference between the Consumer Price Index (CPI) and the Production Price Index (PPI)? Read on.
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/ 19 January 2011
South Africa’s targeted consumer inflation slowed to 3,5% year-on-year in December from 3,6% in November, official data showed on Wednesday.
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/ 14 January 2011
There is a sharp divide between those economists who view the jump in oil and food prices as part of a trend that will bring higher inflation.
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/ 14 December 2010
South Africa’s targeted consumer inflation quickened slightly more than expected in November.
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/ 27 October 2010
South Africa’s consumer inflation slowed beyond market expectations to a five-year low in September.
Consumer inflation eased back into the Reserve Bank’s target band of 3% to 6% in February, data released by Statistics SA on Wednesday showed.
Absa’s house price index indicates that the average nominal price of houses was higher in all categories in February compared with a year ago.
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/ 29 January 2010
Administered prices continue to keep CPI inordinately high in South Africa, despite pressure on consumers still reeling from the recession.
South Africa’s targeted consumer inflation slowed to 6,7% year-on-year in July, slightly above expectations, from 6,9% in June, official data showed.
The increase in South Africa’s consumer price index was up 8,5% year-on-year (y/y) in March from 8,6% y/y in February.
South Africa’s consumer inflation is seen quickening slightly in February on stubbornly high food costs.
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/ 25 February 2009
South Africa’s targeted headline consumer price index inflation slowed to 8,1% year-on-year in January but was above forecasts.
The <i>Financial Mail</i> reported on Thursday that South Africa could switch to targeting CPI and not CPIX inflation.
There is no error in Statistic South Africa’s calculation of the official inflation rate, the agency said on Wednesday.