Tag Archives | CPI

Inflation on an upward trend

The latest inflation figures for July again showed an increase. The annual CPI rate rose to 5.3% in July 2011. According to Stanlib economist Kevin Lings this large increase was higher than market expectations, and CPI is “clearly trending higher.” One of the significant prices increase in July came from electricity and another was water. [...]

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Very modest rise in inflation

April CPI as measured by Stats SA came in at 4.2%. In their BJM Express Newsletter, BJM say that this figure was below the consensus forecast of 4.4%, and slightly up on March’s reading of 4.1%. “On a monthly basis, inflation increased 0.3% of which the transport category and specifically petrol made the biggest contribution.” [...]

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CPI comes in at 4.1% for March

The official headline March CPI number for SA was 4.1%. This is slightly up from 3.7% in February. According to Stanlib economist Kevin Lings there were a number of key factors impacting inflation in March. “This included a large 1.4%m/m increase in food prices, a 3.7%m/m rise in alcoholic beverage costs, a 1.5%m/m increase in [...]

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CPI unchanged at 3.7%

Stats SA released CPI figures for February on Wednesday (23 March 2011). CPI for February was measured at 3.7% The headline CPI (for all urban areas) annual inflation rate in February 2011 was 3,7%. This rate was unchanged from January 2011, said Stats SA. On average, prices increased by 0,7% between January 2011 and February [...]

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Strong disinflationary pressures will keep CPI lower for longer

Strong disinflationary pressures will keep CPI lower for longer

At 4.8%, CPI inflation surprised the market yet again. Although a good headline number, the real story is in the detail. This is the first time since we have started forecasting inflation that every single item came in better than our expectations and I expect this was probably the case across the market. Food was [...]

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