Comments on: CPI Inflation Rate in South Africa

By: Louis van der Walt: National Human settlement Department

Louis van der Walt: National Human settlement Department — Tue, 31 Aug 2010 12:12:06 +0000

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.

By: Vhutshilo

Vhutshilo — Mon, 30 Aug 2010 19:59:13 +0000

What was the CPIX rate in December 2009

By: Francois Viljoen

Francois Viljoen — Sun, 29 Aug 2010 08:55:36 +0000

@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.

By: Francois Viljoen

Francois Viljoen — Sun, 29 Aug 2010 08:52:13 +0000

@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).

By: Francois Viljoen

Francois Viljoen — Sun, 29 Aug 2010 08:24:51 +0000

@Chris

As far as I know, only the weighting of the CPI index changed.

The categories should still be there…

By: Christo

Christo — Fri, 27 Aug 2010 08:53:29 +0000

Thank you for an excellent website and very professional feedbacks. Looking forward at more spreadsheets to download.

By: Kerry Pretorius

Kerry Pretorius — Wed, 04 Aug 2010 08:01:29 +0000

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

By: Rob B

Rob B — Mon, 19 Jul 2010 13:26:04 +0000

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!

By: Socrates

Socrates — Wed, 14 Jul 2010 11:46:42 +0000

I do not understand the difference between CPI and CPIX. Can you please help me…..What is the difference between these two terms..

By: Stefan

Stefan — Wed, 14 Jul 2010 10:01:08 +0000

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)?