20°C / 22°C
  • Wed
  • 27°C
  • 12°C
  • Thu
  • 28°C
  • 15°C
  • Fri
  • 27°C
  • 15°C
  • Sat
  • 27°C
  • 14°C
  • Sun
  • 30°C
  • 15°C
  • Mon
  • 30°C
  • 15°C
  • Wed
  • 25°C
  • 18°C
  • Thu
  • 24°C
  • 17°C
  • Fri
  • 29°C
  • 17°C
  • Sat
  • 24°C
  • 17°C
  • Sun
  • 23°C
  • 15°C
  • Mon
  • 22°C
  • 14°C
  • Wed
  • 28°C
  • 13°C
  • Thu
  • 30°C
  • 16°C
  • Fri
  • 29°C
  • 17°C
  • Sat
  • 29°C
  • 15°C
  • Sun
  • 32°C
  • 17°C
  • Mon
  • 32°C
  • 18°C
  • Wed
  • 28°C
  • 14°C
  • Thu
  • 29°C
  • 14°C
  • Fri
  • 29°C
  • 16°C
  • Sat
  • 30°C
  • 16°C
  • Sun
  • 32°C
  • 17°C
  • Mon
  • 32°C
  • 14°C
  • Wed
  • 28°C
  • 21°C
  • Thu
  • 27°C
  • 23°C
  • Fri
  • 26°C
  • 23°C
  • Sat
  • 30°C
  • 23°C
  • Sun
  • 28°C
  • 23°C
  • Mon
  • 27°C
  • 22°C
  • Wed
  • 23°C
  • 19°C
  • Thu
  • 22°C
  • 18°C
  • Fri
  • 23°C
  • 18°C
  • Sat
  • 23°C
  • 18°C
  • Sun
  • 22°C
  • 17°C
  • Mon
  • 22°C
  • 16°C
  • Wed
  • 29°C
  • 17°C
  • Thu
  • 33°C
  • 18°C
  • Fri
  • 35°C
  • 19°C
  • Sat
  • 29°C
  • 18°C
  • Sun
  • 28°C
  • 16°C
  • Mon
  • 28°C
  • 14°C
  • Wed
  • 23°C
  • 18°C
  • Thu
  • 26°C
  • 17°C
  • Fri
  • 27°C
  • 18°C
  • Sat
  • 24°C
  • 18°C
  • Sun
  • 22°C
  • 16°C
  • Mon
  • 23°C
  • 15°C
  • Wed
  • 31°C
  • 15°C
  • Thu
  • 32°C
  • 16°C
  • Fri
  • 31°C
  • 18°C
  • Sat
  • 31°C
  • 17°C
  • Sun
  • 35°C
  • 18°C
  • Mon
  • 35°C
  • 17°C
  • Wed
  • 32°C
  • 16°C
  • Thu
  • 33°C
  • 15°C
  • Fri
  • 33°C
  • 17°C
  • Sat
  • 35°C
  • 17°C
  • Sun
  • 33°C
  • 15°C
  • Mon
  • 32°C
  • 14°C
  • Wed
  • 28°C
  • 15°C
  • Thu
  • 28°C
  • 15°C
  • Fri
  • 26°C
  • 18°C
  • Sat
  • 29°C
  • 18°C
  • Sun
  • 32°C
  • 17°C
  • Mon
  • 25°C
  • 19°C
  • Wed
  • 23°C
  • 18°C
  • Thu
  • 22°C
  • 17°C
  • Fri
  • 25°C
  • 16°C
  • Sat
  • 24°C
  • 18°C
  • Sun
  • 23°C
  • 17°C
  • Mon
  • 23°C
  • 15°C

Consumer inflation increases to 5.2% in November

Core inflation, which excludes the prices of food, non-alcoholic beverages, petrol and energy, was at 4.4% in November up from 4.2% in October.

Picture: Pexels

JOHANNESBURG - Stats SA says consumer inflation increased to 5.2% year-on-year in November from 5.1% in October.

On a month-on-month basis, prices rose 0.2% from 0.5% in October.

Core inflation, which excludes the prices of food, non-alcoholic beverages, petrol and energy, was at 4.4% in November up from 4.2% in October.

Transport costs and food products were the major drivers of inflation in November.

The transport index edged up 0.6% month-on-month, due to the 1.1% increase in fuel prices.

Petrol prices remained unchanged in November, but diesel and illuminating paraffin prices went up.

Core inflation, which excludes the prices of food, non-alcoholic beverages, petrol and energy, was at 4.4% year-on-year in November up from 4.2% in October.

The South African Reserve Bank Monetary Policy Committee increased interest rates in November by 25 basis points to 6.75%, citing increasing risks to the inflation outlook.

Inflation remains within the bank’s target of three to six percent but has moved away from the banks desired midpoint of 4.5%.

Comments

EWN welcomes all comments that are constructive, contribute to discussions in a meaningful manner and take stories forward.

However, we will NOT condone the following:

- Racism (including offensive comments based on ethnicity and nationality)
- Sexism
- Homophobia
- Religious intolerance
- Cyber bullying
- Hate speech
- Derogatory language
- Comments inciting violence.

We ask that your comments remain relevant to the articles they appear on and do not include general banter or conversation as this dilutes the effectiveness of the comments section.

We strive to make the EWN community a safe and welcoming space for all.

EWN reserves the right to: 1) remove any comments that do not follow the above guidelines; and, 2) ban users who repeatedly infringe the rules.

Should you find any comments upsetting or offensive you can also flag them and we will assess it against our guidelines.

EWN is constantly reviewing its comments policy in order to create an environment conducive to constructive conversations.

comments powered by Disqus