What is the current 12 month CPI?

What is the current 12 month CPI?

Not seasonally adjusted CPI measures The Consumer Price Index for All Urban Consumers (CPI-U) increased 8.6 percent over the last 12 months to an index level of 292.296 (1982-84=100). For the month, the index increased 1.1 percent prior to seasonal adjustment.

How is CPI calculated South Africa?

The CPI uses a plutocratic weighting scheme that reflects the total expenditures of all reference households and estimated total values of the reference population. The Income and Expenditure Survey (IES) is used to derive the levels of expenditure for households during a certain time frame.

What is current CPI in South Africa?

South Africa: Price

Reference Last
Consumer Price Index (CPI) May 2022 103.1
Wholesale Price Index 2016 141.94

What is the inflation rate for 2021?

For example, the rate of inflation in 2021 was 7.0%. The last column, “Ave,” shows the average inflation rate for each year using CPI data, which was 4.7% in 2021….Current US Inflation Rates: 2000-2022.

Element Annual Inflation Rate
2018 1.9
2019 2.3
2020 1.4
2021 7

What is this month’s CPI?

For the month, the index rose 1.2 percent prior to seasonal adjustment. The Chained Consumer Price Index for All Urban Consumers (C-CPI-U) increased 8.0 percent over the last 12 months. For the month, the index increased 1.0 percent on a not seasonally adjusted basis.

What is the CPI for 2021 in South Africa?

Headline consumer price index (CPI for all urban areas) Annual consumer price inflation was 3,2% in March 2021, up from 2,9% in February 2021.

What is the CPI rate for 2020 South Africa?

3,3%
Average annual consumer price inflation was 3,3% in 2020 (i.e. the average CPI for all urban areas for 2020 compared with that for 2019).

Is CPI same as inflation?

Inflation is an increase in the overall price level. The official inflation rate is tracked by calculating changes in a measure called the consumer price index (CPI). The CPI tracks changes in the cost of living over time. Like other economic measures it does a pretty good job of this.

What is the CPI rate for December 2021 in South Africa?

The consumer price index increased by 0,6% month- on-month in December 2021. The main contributors to the 5,9% annual inflation rate were food and non-alcoholic beverages; housing and utilities; transport; and miscellaneous goods and services.

What is the CPI rate for October 2021 South Africa?

5,0%
Annual consumer price inflation was 5,0% in October 2021, unchanged from September 2021.

What is the CPI for March 2021?

2.6 percent
The Consumer Price Index for All Urban Consumers rose 2.6 percent for the 12 months ending March 2021, the largest over-the-year increase since August 2018.

  • August 17, 2022