CPI Inflation Rate in South Africa
This page shows the current CPI inflation rate, as well as a graph and table of the CPI inflation rates in South Africa, since 1982.
The current CPI inflation rate is % (based on CPI data for ).
The CPI percentages shown in the figures and graphs on this page are based on year-on-year changes of the Consumer Price Index.
CPI Inflation Rate Graph
This is a graph of the CPI inflation rate in South Africa, since 1982. To see what the CPI inflation rate was at a specific time, move your mouse over the graph.
CPI Inflation Rate History
The following table shows the historical CPI inflation rates in South Africa, since 1982.
December 17th, 2009 at 10:41 am
I would like to know the current value of R150000
spent on property in 1991 due to inflation?
Thanking you in anticipation.
G D Ferguson
March 1st, 2010 at 05:12 pm
R150,000 in January 1991 is approximately equal to R570,000 in January 2010 (using year-on-year CPI inflation rate).
Jan 1991 R 150,000.00
Jan 1992 16.10% R 174,150.00
Jan 1993 9.60% R 190,868.40
Jan 1994 9.90% R 209,764.37
Jan 1995 9.80% R 230,321.28
Jan 1996 6.80% R 245,983.13
Jan 1997 9.40% R 269,105.54
Jan 1998 5.70% R 284,444.56
Jan 1999 8.90% R 309,760.12
Jan 2000 2.70% R 318,123.65
Jan 2001 7.10% R 340,710.42
Jan 2002 4.90% R 357,405.24
Jan 2003 11.60% R 398,864.24
Jan 2004 0.10% R 399,263.11
Jan 2005 3.00% R 411,241.00
Jan 2006 4.00% R 427,690.64
Jan 2007 6.00% R 453,352.08
Jan 2008 9.30% R 495,513.82
Jan 2009 8.10% R 535,650.44
Jan 2010 6.20% R 568,860.77
March 4th, 2010 at 11:46 am
I am not an expert on the subject, but I don’t think you can merely use the Jan CPI for every year and assume that is the CPI for the year. Surely there is an average for the year or an official CPI for every year which would be more appropriate to use to calculate CPI over a number of years.
Could somebody please provide the year-on-year CPI for thee last say decade or two. I have been unable to get that info on statssa.
March 4th, 2010 at 11:31 am
@Christo
All the CPI inflation rate figures shown on this page are year-on-year figures (calculated taking the percentage increase of the CPI index when compared to the CPI index for the same month of the previous year).
So in the calculation shown it is correct to use the January CPI for every year (assuming that the property was also bought in January).
March 8th, 2010 at 04:36 pm
Francois,
Where do you source your inflation data from?
1. I need the data in a useable format (excel / .csv)
2. I need to be able to prove its accuracy
Please help
March 9th, 2010 at 03:28 pm
@ Andrew
The data source is stats SA.
Unfortunately I don’t have the data in Excel / CSV format. The CPI figures are added to a database as they come in.
An upgrade is in the pipeline for this page to allow CSV downloads later on.
March 9th, 2010 at 03:51 pm
Jan 2004 = 0.10%??? Must be wrong.
March 9th, 2010 at 03:09 pm
@Henk
The figure is correct (rounded to 1 decimal value).
CPI (index) for Jan 2003: 76.0
CPI (index) for Jan 2004: 76.1
Year-on-year CPI inflation rate for Jan 2004:
(76.1 – 76.0) / 76.0 * 100 = 0.13%
Remember, the CPI inflation rate is not your personal inflation rate.
The CPI is made up of a collection of goods to try to measure the inflation experienced by all consumers in South Africa, as a whole.
March 9th, 2010 at 05:10 pm
Thank you Francios. much appreciated!
March 19th, 2010 at 02:15 pm
PLEASE ADVISE IF I HAVE MY CALCULATIONS CORRECT.
THE CPI OVER THE PERIODS JAN 2001 TO JAN 2010 AVERAGE 6.03%
IF ONE TAKE A COMMENCEMENT VALUE OF R130 000 IN JAN 2001 AND REQUIRE ITS JAN 2010 FIGURE DO I :-
1) TAKE THE JAN 2010 FIGURE ONLY IE R130 000 X 6.2%
OR
2) TAKE THE WEIGHTED AVERAGE OF THE SAID PERIOD IE 6.03%
YOUR KIND ASSISTANCE IS APPRECIATED.
PETER F.
March 20th, 2010 at 05:41 pm
@Peter
You should do neither 1 or 2.
Since the commencement date is Jan 2001 then you should take the January inflation rates for all years from 2002 till 2010 and accumulatively add the inflation for each year.
There’s an example in one of the comments above.
March 25th, 2010 at 06:00 pm
I would like to know the current value of property bought in 1980 for R25 000.
I would love some help in this matter
Thanks,
Charles
March 31st, 2010 at 03:43 pm
Where can I get month on month CPI figures? If I average the month on month figures over 12 months, will you get the same number as the year on year figures quoted above?
Thanks
Carol
April 1st, 2010 at 09:27 am
@Carol
Stats SA.
April 7th, 2010 at 09:11 am
Hi Francois
Does CPI include morgages? If so what is the morgage percentage that is included in CPI?
Many thanks
April 7th, 2010 at 09:25 am
@Ilka
Yes, the CPI includes mortgage costs (CPIX excludes mortgage costs).
I’m not 100% sure, but I think mortgage costs makes up about 12% of the CPI basket.
April 7th, 2010 at 11:06 pm
@Charles
Using the CPI as a reference for inflation, R 25,000 in Jan 1981 has approximately the same value as R 375,000 today.
As for how much the property is worth today, that depends on a lot more than just inflation, it could be a lot more or a lot less.
April 13th, 2010 at 11:16 am
If the company I am working for told me that they were going to give me a salary increase based on the current inflationary rate. Where would I be able to find out what that rate is at present.
Thanks
April 13th, 2010 at 11:11 am
@Vanessa
Look at the top of this page for the current inflation rate.
April 20th, 2010 at 01:28 pm
Dear Francois
Please could you advise me on the following:
In terms of my ANC (Ante Nuptila Contract) my commencement value at date of marriage, in JAN 2001, was R100 000.00.
To factor in the CPI as at JAN 2010, I have been advised that attorneys use the following formula :
ANC Value CPI (date when divorce is predicted)
_________ x ______________________________
1 CPI ( at date when ANC concluded)
If this formula is correct then my R100 000.00 in Jan 2001, in terms of accrual, is worth R87 323.94 at JAN 2010 ie.
R100 000.00 JAN 2010
__________ x ________
1 JAN 2001
= R100 000.00 6.20
__________ x ____
1 7.1
= R87 323.94
This surely cannot be correct !
The other method is to factor in the average CPI, compounded for each year of the marriage.
Please help
Regards
Chantal
April 20th, 2010 at 01:45 pm
@Chantal
The formula seems correct, but you should be using the CPI (index) values, and not the CPI inflation rate values.
CPI at Jan 2001: 64.9
CPI at Jan 2010: 109.5
Using your formula, we have R100,000 * (109.5 / 64.9) = R168,721
April 20th, 2010 at 01:42 pm
Thank you for that Francois. Does your site cater for the CPI (INDEX) values ?
If so where ? If not what site could I try ?
Many thanks once again.
Chantal
April 20th, 2010 at 02:53 pm
@Chantal
Nope, unfortunately the data is not yet visible on Liberta.
I’m busy creating an inflation calculator (because many people have the same query as yours) and then I’ll post it all in one go.
The best source for raw CPI data is Stats SA.
May 1st, 2010 at 01:24 pm
I am doing a school project for economics and was wondering whether anyone could help me to explain why the CPI rate has either increased or decreased between 2003 and now.
thanks
May 26th, 2010 at 09:25 am
I need to calculate the current worth (buying power) of a sum of money that was invested in 1963. Can you perhaps advise what the inflation rates were during the period 1963 – 1981?
May 26th, 2010 at 10:18 am
@Elanie
Unfortunately I only have inflation stats from 1982 onwards.
June 1st, 2010 at 11:51 am
Hi
I would like to know what caused the prime rate to drop back to where it was in 2005. what factors that influenced it to drop?
June 6th, 2010 at 07:45 pm
Thanks for insighful information Francois on inflation, I finally found an easy to understand explanation of inflation rate!
Keep up doing the good work!
Thokozani
June 10th, 2010 at 01:34 pm
@Tau
Interest rates were lowered because inflation came down to within reasonable levels.
Inflation came down because of less consumer demand, which was probably mostly caused by a combination of higher interest rates and global economic problems that started in 2007.
June 25th, 2010 at 05:55 pm
If someone started donating R100 per month to a charity in Jan 2006, what is the effective buying power of that R100 p/m now if they never raised the donation to take inflation into account?
July 6th, 2010 at 10:40 am
will you be be including columns for cpix, ppi and other measures in future? would be super usefull
thanks
July 6th, 2010 at 12:12 pm
@Morris
PPI, CPI, GDP, prime & repo is already available. Will see what I can do about CPIX.
July 6th, 2010 at 10:14 pm
Hello
Talking about accrual system, commencement amounts and final assets amount, can you tell me how the final asset value of an estate is determined if the anc contract only mentions R-value and not actual properties owned. (the one party owned property and the other presumably just cash/investments.
Thanx
July 6th, 2010 at 10:06 pm
Sorry Francois I have another one as well. How do you convert the CPI inflation rate back to a CPI index?
July 14th, 2010 at 11:39 am
Hi Francois,
Great site and comments, I’ve added this to my Favorites List.
I have a question. Considering that Statistics South Africa made changes in January 2008 to the composition of the CPI, does the ‘CPI – ALL items for metropolitan areas’ still exist? Or is there only the CPI and CPIX?
Thanks again,
Best regards,
Chris
July 14th, 2010 at 12:08 pm
Hi Francois,
I’m a bit of a novice when it comes to this. I were looking on stats SA where they got a total CPI of 13% or something but year on year said 4.6%, whats the difference? How much more will I have to earn to live the same in say July this year from July last year? (Minimum increase)?
July 14th, 2010 at 01:42 pm
I do not understand the difference between CPI and CPIX. Can you please help me…..What is the difference between these two terms..
July 19th, 2010 at 03:04 pm
Francois etc
FYI, the STATS SA web site has two series of CPI index data – one up to 2008 and one subsequently, yet the two data series do not overlap – something to do with old metropolitan and other urban areas now cobined since 2009.
They do have the % CPI change but they don’t have a single series of index data, which is amazing!
August 4th, 2010 at 10:29 am
Hi Francois
I am doing an assignment for university and I am trying to find out why the inflation rate dropped so low in 2003/4 at 0.10% and then went to 13.7% in 2008? I’m only looking at 2000-2010 I’m still new to all of this and can’t understand why.
Kind Regards
Kerry Pretorius
August 27th, 2010 at 10:29 am
Thank you for an excellent website and very professional feedbacks. Looking forward at more spreadsheets to download.
August 29th, 2010 at 10:51 am
@Chris
As far as I know, only the weighting of the CPI index changed.
The categories should still be there…
August 29th, 2010 at 10:13 am
@Socrates
You can think of the CPIX as a subset of the CPI.
The CPIX basket of goods is the same as that of the CPI, except it does not include “owner’s equivalent rent” (i.e. mortgage costs).
August 29th, 2010 at 10:36 am
@Stefan
I don’t know where you got 13% from.
The year-on-year figure is the percentage change in the CPI, for a year.
So, provided that your expenses match those that make up the CPI basket of goods, you can use the year-on-year figures as shown on this page to see how much more you’ll need.
August 30th, 2010 at 09:13 pm
What was the CPIX rate in December 2009
August 31st, 2010 at 02:06 pm
Could you kindly indicate what the current monthly income will be of a person that earned R10 500 in January 2004 as adjusted for the eroding effects of inflation utilising the CPIX indicator.
September 29th, 2010 at 11:07 am
Hi everyone
Could you please assist me with the following: I am looking for information on:
1) GDP growth (quarter-on-quarter basis, NOT year-on-year) as well as
2) CPI figures (month-on-month AND year-on-year).
Could you please advise me as to where this information may be found (I checked everywhere on statssa)
Much appreciated
November 4th, 2010 at 08:58 am
Good Day Francois
Could you please assist me with the year-on-year CPI rate from 1976 – 2010?
Thank you.
Regards
Helma
November 5th, 2010 at 10:06 am
@Helma
Unfortunately no I only have data from 1982.
November 5th, 2010 at 12:50 pm
please help with the cpi figure to use as i have a contract that started last year 2009 and expired this year and the escalation on this contract is: cpi +2%. could you please help me with the formula to use to use.
i assume that there has been a defaltion from last year to now and the difference between the figure now and then is -ve. how do we incorporate this into the contract/calculation?
November 14th, 2010 at 05:23 pm
Good day.
My children’s monthly maintenance was set at R 6880 per month in 2006 and due to increase every year on the 1st of January by the average annual cpi according to Stats SA. Please could you tell me those percentages for 2006 2007 2008 2009 2010?
Could you possibly calculate the monthly figure I ought to be receiving as well as the predicted increase from 1 Jan 2011?
Sincerely
Nikki
November 17th, 2010 at 11:07 am
I have the same query as Nikki, my ex husband has not increased the maintenance for my children since we got divocesd in 2006. If he is giving us R8,950.00 per monh, how much should this have increased by per annum, and how much should I be requesting he increase the maintenance by for 2011?
I do hope you cabn assist in this query!
Kind regards
Lauren
November 18th, 2010 at 06:03 pm
Irequire the annual inflation rates for years 2003, 2004, 2005, 2006, 2007, 2008, 2009,2010
November 18th, 2010 at 06:53 pm
@Dave Cartwright
All the inflation rates on this web page are year-on-year (i.e. annual) inflation rates.
December 1st, 2010 at 08:47 am
I am looking for CPI or CPIX inflation data from say 1980 to show the impact of inflation on annuity income for elderly people living off a pension income/annuity income – would you be able to assist?
December 1st, 2010 at 10:17 am
@Nick
Unfortunately not I only have data from 1982.
December 4th, 2010 at 05:01 am
Hi, I am doing an assessment for school and from my other research, it said that the inflation targeting of 3-6% since 2000 never reached it’s target band until 2003 yet this information shows inflation already in the target area in 2000. And if it was already in the target area in 2000, why would there be a need for an inflation targeting policy?
Please help, very confused.
Also, the 2008 hike in inflation was probably due to global financial crisis but what happened in 2003 to cause that inflation hike?
December 8th, 2010 at 11:00 am
Hi. I’m trying to work out the wage increase for our domestic worker. I believe it should be the previous year’s wage + CPIX + 1%. If her wage has been R160/day, what should her daily rate now be increased to please? Thanks
December 8th, 2010 at 01:57 pm
I believe the CPIX is 3.4% + 1% = 4.4%
Therefore R160 X 4.4% = R167.04
December 8th, 2010 at 01:18 pm
Thanks, Peter. Is the CPIX rate the same as the CPI one? (CPI is 3.4%.)
December 24th, 2010 at 11:58 pm
What would the value be of R50 000 today, dating back to april 1983?
December 25th, 2010 at 01:28 pm
@Renée
As far as I know the weighting of the components that make up the CPI was changed a few years ago, so this is just an estimation.
CPI (index) for Apr 1983: 9.9
CPI (index) for Nov 2010: 112.8
Using the CPI as basis for inflation the approximate equivalent value of R 50,000 during April 1983 today is
= R 50,000 x (112.8 / 9.9)
= R 569,697
January 18th, 2011 at 09:38 am
Awesome CPIX graph, very cool
January 20th, 2011 at 01:55 pm
I would like to know, how much would my rent go up if it is linked to cpix? What was cpix for 2010?
January 27th, 2011 at 07:24 am
What was the CPI index value for April 2000 and December 2010 I am needing to calculte an accrued value in an ANC. Thank you
January 29th, 2011 at 09:19 am
@Adele
CPI for
- April 2000: 61.8
- Dec 2010: 113.0
I.e. 82.8% increase.
February 22nd, 2011 at 01:42 pm
What would a reasonable annual salary increase be for staff in a sme for 2011? Is CPIX +1% a standard formula to use?
March 1st, 2011 at 12:15 pm
What is the Construction Cost Index (CCI)for the last 5 years?
March 8th, 2011 at 03:53 pm
I am doing an assignment kindly provide me with a CPI grapgh of S.A between 1982-2002 and also explain how inflation has changed during the years and what could have brought it about
Thanks
March 10th, 2011 at 04:32 am
On what basket of goods/factors are used to establish the inflation rate and would the rate vary if a specific basket of goods pertinent to an industry be used.For example industrial rental escalations where I would assume the likes of bricks,mortar.steel petrol would be used.
March 14th, 2011 at 04:42 pm
I need to know how has inflation has changed during the years (1982-2011) and what could have brought it about?
Await for your assistance.
Regards
Nelly Tshabalala
March 14th, 2011 at 08:14 pm
Like Nelly, I need to know why inflation has changed over the years (1982 to date) and what could have brought it about.
Thank you and regards
Keeran Rutthan
March 15th, 2011 at 01:50 pm
@Nelly & Keeran
See this article:
What is Inflation?
March 15th, 2011 at 04:01 pm
Wow – I am a Medic -and these things even make sense to me! Great info Tx
April 15th, 2011 at 11:06 am
Good day. would it be possible for you to advise the total inflation from 1971 to present day. for example what would the present day value be of an antique purchased in 1971 for R285? if you dont have stats that far back then please advise from the latest date that you do have.
thank you
April 16th, 2011 at 10:40 pm
I need to know how has inflation has changed during the years (1982-2011) and what could have brought it about?
May 6th, 2011 at 04:53 pm
i have the same question as a person above, i don’t see that it was answered? “How do you convert the CPI inflation rate back to a CPI index?” i need the CPI index for March 2011 to do a current value calculation. StatsSA only seems to give the inflation figure?
May 8th, 2011 at 05:41 pm
@Karla
Unfortunately you can’t convert the CPI inflation rate back to the CPI index.
June 13th, 2011 at 03:51 pm
Hi – How would I go about calculating what R 1 000 in 1986 is worth today in inflation adjusted terms? Ie what formula and inputs would I use off your site, if there?
Regards
Chris
July 4th, 2011 at 12:32 pm
Is there such a term as CPI Sensitivity Factor and what is it?
August 2nd, 2011 at 03:47 pm
Hi
Question please.
How can a supplier calculate the % increase in his current price for the next 24 months with the CPI/PPI as guideline?
We are a small business supplying the local industry with technical services and goods on a contract basis. Our new contract will be for a two year period starting 1 Sept 11 and we want to use the CPI / PPI (the more relevant index) to motivate the price increase for the next 24 months in which our price will stay fixed.
August 5th, 2011 at 01:40 pm
im trying to find out what maintenance I should be getting.
was divorced June 1993 monthly payment of R1400.00 what should I be getting now August 2011??? please help me if you can.
thank you so much in advance.
August 5th, 2011 at 01:33 pm
neglected to say it is linked to the consumer index.
August 9th, 2011 at 11:08 am
Hallo Francois,
For student help where can I find a history of prices over the past 5 years my son has an assignment and we are having difficulties in obtaining data pse help
Kind Regards
Marietjie
August 9th, 2011 at 04:15 pm
Thanx for your information. I could make use of it in a Mathematics question.
August 10th, 2011 at 08:17 am
Hi Francois,
Im looking for help to work out what maintenance I should be getting. It is linked to the consumer index. Im looking at a figure of R1400.00 in June 1993. Now August 2011 what would the current monthly figure work out at.
Regards,
Vicky
August 22nd, 2011 at 08:12 am
Good day
Has the South African Reserve Bank succeeded in keeping inflation with the range?
September 18th, 2011 at 11:05 pm
Please assist, I need to calculate the service level agreement of the mainteance increase for my clients infrastructure, stating from October 2011 to September 2013. The incerase should be based on CPI, how do I calculate yearly incarease on SLA base on CPI?
Please help urgently
October 12th, 2011 at 11:57 am
Hi,
I am lay in this sort of things and i need help to structure my pricing increase plan for products I sell in the chemical industry. We import some raws and other we buy locally. I need to know in simple terms the difference between CPI and CPIX.
October 27th, 2011 at 04:50 am
Hi Francois,
I need data for expect and unexpected inflation for SA can you tell me where I can get it.
Regards
Pierre
January 3rd, 2012 at 08:25 am
I have been trying in vain to extract the monthly CPIX [NOT CPI] rates for 2011 off the internet. Can you assist?
Regards,
Russell
January 24th, 2012 at 09:44 am
Where can I find the average CPIX figure for 2011. Domestic wage increases are based on CPIX + 1% NOT CPI. There may be a substantial difference and if you do not use the CPIX you will fall foul of the Labour Law.
January 25th, 2012 at 12:02 pm
I need to calculate what a equivalent bursary of R6 000 for July 2001 would now be in January 2012 adjusted for inflation. I would assume the CPI rate would be the best rate to use?
January 25th, 2012 at 01:24 pm
@Gavin
Yes, CPI would be a good indicator.
But it is possible that education costs have increased more or less than the CPI, since education only makes up a part of the CPI basket of goods.
February 7th, 2012 at 08:04 pm
Hi I have a question, I need to calculate the REAL value of petrol prices. for example I did my research on petrol prices
This is 2005 :
Price CPI
5.42 3.6%
But now I am lost
February 24th, 2012 at 11:39 am
Hi Francois,
I don’t mean to add to the many questions people ask you, but I have read through all the comments above as well as read through as much info as I can on the internet and need help with the following problem:
If a supplier has a transport factor in the cost of his goods of around 40%, of which say 25% is made up of fuel costs (diesel): He starts the year with a price of R150 which fluctuates through-out the year based on a seperate fuel adjustment calculator (so for eg in 2011, the price may have ended at R160). I have the following questions:
1. Would the base price for 2012 be calculated on the base price of 2011 or the last fluctuated price at the end of 2011?
2. Would the CPI/X rate be used for the increase or with transport holding quite a large weight in the basket would it carry more weight with an increase too?
Thanks so much for your time
Jo
February 24th, 2012 at 01:09 pm
@Jo
1. I’m not really sure what you mean. I assume the “official” yearly inflation would be calculated by taking the difference between the price at the beginning of 2011 and the price on the same date the next year.
2. If I was the supplier I would increase my prices according to increases I had. Isn’t that the logical thing to do? How else will I cover my additional costs?
March 19th, 2012 at 12:02 pm
Hi*
How would you go about to forecast the CPI Index for the rest of 2012 up until March 2013 (in Exel)?
Any advice would be helpful! Thanks
March 19th, 2012 at 04:41 pm
How would I go about calculating an annual increase for a nursery school. My 2 largest expenses are electricity and food. Looking only at the CPI index does not give a accurate reflection of my expenses during the period June 2011 – June 2012
March 19th, 2012 at 06:09 pm
@Zahne
You would firstly have to estimate how much more expensive all the individual items in the basket of goods that make up the CPI will be at the end of March 2013.
Then you need to combine them using the weights (i.e. multiplication factor) of for each item.
This will give you an estimated CPI.
@Sandra
If I was you I would pass on the actual increases to your clients, in such a way that your profit increases by the CPI rate.
I.e.:
1. If you made R 100,000 profit for the year ending June 2012 and
2. The year-on-year CPI rate at the end of June 2012 was 6%,
Then increase your fees in such a way that you will make approximately
R 100,000 * 1.06 = R 106,000 profit at the end of June 2013.
March 20th, 2012 at 07:55 am
Hi Francois,
Thanks for your reply!
Just a quick question. Do the prices of the basket of goods change every month?? Do you know if this data is available on Stats SA because I can’t seem to find prices? I’ve stumbled across the weights for the individual prices in the basket, but can’t find prices?
Thanks, I really appreciate your assistance
Zahné
May 8th, 2012 at 05:03 pm
Hi
Im in search of graphs showing current and historic inflation rates for South Africa.If anyone knows of some sites,please do help.
Thanks
Chanelle
May 10th, 2012 at 09:51 am
Hi,
I need to use the weighted average of the CPI to calculate the value of R130 000 in January 2012 (starting in January 1989) What is the current value? How do I work it out?
Thanks
Marlene
May 18th, 2012 at 12:08 pm
I need to calculate poverty lines for 2011, and I am not sure how to do that. I assume it increases with CPI.
These are from 2008, and are per capita:
R429.28
R575.42
R656.47
R139.20
R278.40
R515.20
Any help would be much appreciated
June 14th, 2012 at 12:25 pm
Do you have the average inflation rate since 1972.
June 14th, 2012 at 02:12 pm
Unfortunately not.
July 30th, 2012 at 10:13 am
Please help – Am trying to work out for insurance purposes what the replacement value is for a property that was valued at R695 750.00 in 2002. According to Nedcor, the replacement value according to inflation, is now R3 987 309.91. No additions or changes have been made to the property. Thanks very much
August 1st, 2012 at 12:54 pm
Francois please assist,
How do I use CPI and PPI to measure the fairness of supplier increases?
If I have a supplier with an annual increase of 7.15% for the next 12 months based on the increase in fuel costs, how can I work out if this is a market related increase?
Much Appreciated.
August 2nd, 2012 at 01:13 am
@shakasisulu CPI Inflation Rate in South Africa http://t.co/jxHAembR
September 5th, 2012 at 09:53 am
I would like to know what is the curreny inflation rate and CPI TODAY?
September 11th, 2012 at 12:48 am
Hi. I need to know what the CPI was for the past year. I was divorced in 2009 – the annual increase is based on CPI of previous year. The increase is to be effective from Sept 2012. Thank you
January 8th, 2013 at 04:09 pm
Dear all,
I am not a resident of SA but am fortunate enough to undertake voluntary work there for around 6 months each year.
This I have done for approximately the last 10 years in which time I have built 2 lodges (sold one and use one).
Simple question: Why am I always asked to increase my insurance costs and other costs payable by 10% each year?
CPI varies year to year and over the best part of the last 10 years is no where near 10%.
I also notice building costs have asked for much more at times even when there was a an overcapacity of cement (world cup aside)
January 30th, 2013 at 02:20 pm
Hi
Can anyone help? What is food inflation sitting at? at what has food inflation been for the last 12 months?
All help greatly appreciated!
Thanks
Ilka
January 30th, 2013 at 02:20 pm
oh sorry me again. Is there a way that I can work out food inflation? Thanks all!
March 7th, 2013 at 12:11 am
@Steven Johnson
That is what we are all trying to figure out – but if you figure it out before we do, PLEASE let us know!!!
More techincal details:
The portion that one pays on insurance and rental is often a smaller portion than other goods that increase by less than 10%.
In other words, the AVERAGE is at CPI, but NOT ALL items increase by 10%. Good example is electronics (e.g. Television sets) tend to decrease in cost as technology and mass-production techniques improves…
March 14th, 2013 at 03:52 pm
Where can I see the data to prove inflation effect i.e a loaf of bread cost in 1983 only 10 cents and applying the inflation rate will bring it to todays R11.20. I want to retire and would like to apply the logic on the future to see what my rates and taxes will cost, bread , fuel etc, thus a typical basket for a pensioner.
May 14th, 2013 at 03:53 pm
I am looking for a historical table on CPIX, you only posted CPI historical table.