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South Africa Consumer Price Index (CPI) MoM

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South Africa Consumer Price Index (CPI) MoM

Frequency

Delivery Method

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Status

 
Latest Release
Apr 17, 2024
Actual
0.8%
Previous
1.0%
The Consumers Price Index (CPI) measures the rate of price change of goods and services purchased by households. It measures changes in the average level of prices over a period of time. In other words, prices indicator of what is happening to prices, consumers are paying for items purchased. With a given starting point or base period which is usually taken as 100, the CPI can be used to compare current period consumer prices with those in the base period.Consumer Price index is the most frequently used indicator of inflation and reflect changes in the cost of acquiring a fixed basket of goods and services by the average consumer. The weights are usually derived from household expenditure surveys.
A higher than expected reading should be taken as positive/bullish for the ZAR , while a lower than expected reading should be taken as negative/bearish for the ZAR.
Importance:
Country:
Currency: ZAR
Source: Statistics South Africa Head O...
South Africa Consumer Price Index (CPI) MoM
 
Release Date Time Actual Forecast Previous
Apr 17, 2024 (Mar) 04:00 0.8%   1.0%
Mar 20, 2024 (Feb) 04:00 1.0% 0.9% 0.1%
Feb 21, 2024 (Jan) 04:00 0.1% 0.1% 0.0%
Jan 24, 2024 (Dec) 04:00 0.0% 0.1% -0.1%
Dec 13, 2023 (Nov) 04:00 -0.1% 0.1% 0.9%
Nov 22, 2023 (Oct) 04:00 0.9% 0.5% 0.6%

News

Dollar Slips, Handing Back Some Tapering Gains
Dollar Slips, Handing Back Some Tapering Gains By Investing.com - May 20, 2021

By Peter Nurse Investing.com - The dollar edged lower in early European trade Thursday, handing back some of the gains seen after the minutes from the Federal Reserve's latest policy meeting revealed...

South African CPI 1.1% vs. 1.2% forecast
South African CPI 1.1% vs. 1.2% forecast By Investing.com - Mar 22, 2017

Investing.com - Consumer price inflation in South Africa rose less-than-expected in the last quarter, official data showed on Wednesday.In a report, Statistics South Africa Head Office said that South...

South African CPI 0.6% vs. 0.7% forecast
South African CPI 0.6% vs. 0.7% forecast By Investing.com - Feb 15, 2017

Investing.com - Consumer price inflation in South Africa rose less-than-expected in the last quarter, official data showed on Wednesday.In a report, Statistics South Africa Head Office said that South...

Analysis

Craig Erlam
Week Ahead: Rate Hikes Galore By Craig Erlam - Jul 17, 2022

This week offers a plethora of monetary policy meetings with the ECB, BoJ, CBRT, SARB and CBR among those. Central banks have mostly been racing to raise interest rates while watching official...

Craig Erlam
Week Ahead: A Bumper Start To The Week By Craig Erlam - Apr 24, 2022

Big events keep comingIt could be an interesting start to the week depending on who wins the second round of elections in France on Sunday. Marine Le Pen has made significant progress over the last...

CPI (MoM) Discussion

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