July 20, 2022. South Africa's annual inflation rate eased for the second month to 7.5% in September of 2022, from 7.6% in August, matching market expectations but still above the upper limit of the South African Reserve Banks target range of 3%-6%. Prices slowed further for transportation (17.9% vs 21.2% in August), on account of fuels (34.1% vs 43.2%). Thank you for your support by helping us create content: BTC address: 3CW75kjLYu7WpELdaqTv722vbobUswVtxT, ERC20 Address: 0x03139524428e40E31f13909f8D994C915FB91277, SOL address: 9cC65AWFHj848kntcoyiT8av3jiRQEqyTTmBR1GvVUb, ____________________________________________________________________, Follow us onTwitterfor the latest posts and updates, Join and interact with ourTelegram community. LinkedIn ENTER The South African Queer survey 2022 & stand a chance to win R5 000! More news. 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Read more. October 19, 2022. June 22, 2022 1:09 PM. On a month-on-month basis, the inflation rate increased to 1.82% in June 2022, this is 0.03% higher than the rate recorded in May 2022 (1.78%). Inflation as measured by the consumer price index reflects the annual percentage change in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly. The annual core inflation, which excludes prices of food, non-alcoholic beverages, fuel and energy, picked up to an over five-year high of 4.7% in September, from 4.4% in the prior month. Twitter Client Log In, Facebook This led employment levels to be broadly flat in October. How inflation is calculated. The main foods contributing to high food inflation in June 2022 were: Transport goods and services recorded an average annual price increase of 20.0% and a monthly rise of 4.2%. Thats the highest level since January 2017. Monetary. A quick glance at the General Household Survey, 2021 (GHS) released by Statistics South read more , Annual consumer price inflation quickened to 6,5% in May from 5,9% in April and March, breaking through the upper limit of the South African Reserve Banks monetary policy target range. This page provides - South Africa Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Address: Regus Business Centre 1st Floor, Block B, North Park, Black River Park, 2 Fir Street, Observatory, Cape Town, 7925, South Africa Postal: Blue Sky Publications (Pty) Ltd T/A TheSouthAfrican, PO Box 44354, Claremont, 7735, South Africa, United Kingdom Blue Sky Publications Ltd Company Registration Number: 04683692. Food and Fuel Responsible for an Upsurge in South Africas Inflation Rate South Africas annual consumer price index (CPI) inflation rate surged to a 13-year high of 7.4 percent in June 2022. The rate of increase in the prices of food and non-alcoholic beverages was higher at 6,2% over the same period. Google+, Copyright: 2022. Inflation increases to over 13-year high in June. South Africa Economic News. Many countries around the globe have experienced rising inflation in recent months, making it a hot topic for debate particularly in the area of monetary policy. The new target range for fed funds is. Read more Press Read more. Investing money into cattle is a growing business in Zimbabwe where inflation is skyrocketing. Consequently, the trend pointed up mildly, with annual average inflation coming in at 5.7% in June (May: 5.5%). The bureau said this on Wednesday in its latest consumer price index (CPI) report for July 2022. The S&P Global Purchasing Managers Index (PMI) fell to 49.2 in September, down from August's 51.7. Copyright Blue Sky Publications Ltd. All Rights Reserved. Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices. Twitter ALSO READ: Global electricity demand slowing sharply: IEA. The Post Enumeration Survey (PES) identifies how many households and persons were erroneously included, missed or counted more than once during the Census 2022 population count. Food Inflation in South Africa increased by 6.3 % in April 2021 over the same month in the previous year. The maximum level was 15.6 % and minimum was 0.6 %. Data published Monthly by Statistics. What is Inflation Rate in South Africa? Inflation Rate in South Africa increased by 4.4 % in April 2021 over the same month in the previous year. Prices of transport (25% vs 20% in June), mostly fuels (56.2% vs 45.3%); food and non-alcoholic beverages (9.7% vs 8.6%), notably oils & fats (36.2% vs 32.5%) and bread & cereals (13.7% vs 11.2%); and housing and utilities (4% vs 5.1%), namely electricity (8.1% vs 14.5%) continued to be the main drivers of inflation. This Consumer Price Index in South Africa remained unchanged at 106 index points in September 2022. South Africa's annual inflation rate eased to 7.6% in August of 2022, from an over 13-year high of 7.8% in July, but above market expectations of 7.5% and the upper limit of the South African Reserve Banks target range of 3%-6%. Annual consumer inflation in South Africa jumped to 7.4% in June 2022 from 6.5% in May 2022, according to Stats SA, South African government statistics body. South Africas overall rate of inflation in March 2022 (compared to March 2021) was 5,9%. Statistician The result was Inflation was recorded at 7.8% in July 2022, up from 7.4% in June 2022. South Africas annual consumer price inflation (CPI) reached 7.4% in June 2022, Statistics South Africa (Stats SA) says. The CPI basket was revised in January of 2013. The decline in the annual inflation rate was largely attributed to a decline in South African fuel prices due to easing global oil prices. Our offices are for administrative purposes only, no visitors will be accepted without an appointment. To display trending posts, please ensure the Jetpack plugin is installed and that the Stats module of Jetpack is active. LinkedIn Inflation dropped to 7.5% in September, which followed Augusts 7.6%. South Africa: Inflation drops to lowest level since June in September. Meanwhile, prices continued to climb for food & non-alcoholic beverages (11.3% vs 9.7%), chiefly driven by oil & fats (37.6%) and bread & cereals (17.8%). increased the repurchase rate by a further 75 basis points, bringing it to 6.25%. The rate is the highest recorded in 13 October 11, 2022. My Cart October 19, 2022. Normal Convexity in Long-Term vs Short-Term Maturities. Tuition revenue jumps as higher education recovers from COVID-19, The state of the electricity, gas & water supply industry (2021), The public-sector: Shy on infrastructure investment. South Africa: Inflation drops to lowest level since June in September. South Africa's annual inflation rate eased for the second month to 7.5% in September of 2022, from 7.6% in August, matching market expectations but still above the upper limit of the South African Reserve Banks target range of 3%-6%. Home > News > Prices of food and non-alcoholic beverages (NAB) increased by 8.6% year-on-year in June 2022. The Trading Economics Application Programming Interface (API) provides direct access to our data. read more , MEDIA ADVISORY 24 June 2022 Statistics South Africa to release the results of the Construction industry, 2020 Statistics South Africa (Stats SA) will release 2020 Construction Industry results on Monday, 27 June 2022 through a virtual media briefing. In South Africa, the most important categories in the consumer price index are Housing and Utilities (24.5 percent of total weight), Transport (16.4 percent) and Food and Non-Alcoholic Beverages (15.4 percent). The 'Inflation %' column indicates how much prices have changed since the previous year. South Africa: Manufacturing activity grows at fastest pace in seven months in August. Join thousands of others readers and stay up to date with the latest News, Your go to resource for worldwide current affairs and news, Start typing to see results or hit ESC to close, Kenyas Kotani Pay Among 10 Finalists in U.S Chamber of Commerce Innovation Competition for African Startups, WeChat to Integrate the e-CNY Digital Yuan as CBDC Transactions Cross 100 Billion, All You Need to Know About the Kenya Capital Markets Authority Regulatory Sandbox, the June 2022 rate is the highest reading since May 2009 (8.0%), Nigeria Inflation Surges to Over 18% in June 2022 The Highest in 5 Years. Published June 15 2022. Inflation cools for a second month. Read more. In other words, the purchasing power of R100 in 1958 equals R9,925.96 in 2021. Stats SA is in the process of updating its database of all users. The South African Reserve Bank raised its benchmark repo rate by more than expected 75 bps to 55 at its July 21st 2022 meeting to contain the surging domestic inflation while signaling. The repo rate has been hiked by 75 basis points on Thursday. This is the highest rate since May 2009 when the rate was 8,0%. LinkedIn On a monthly basis, consumer prices edged up by 0.1%, following a 0.2% increase in the prior month, in line with market estimates. November 3, 2022. The annual rate rose during 2021, and continued its upward trajectory in the first half of 2022. South Africa's annual inflation rate accelerated to an over 13-year high of 7.8% in July of 2022, from 7.4% in June, above market expectations of 7.7% and the upper limit of the South African We have provided a few examples below that you can copy and paste to your site: Your data export is now complete. Others include: Miscellaneous Goods and Services such as personal care, Insurance and Finance (14.7 percent); Alcoholic Beverages and Tobacco (5.4 percent); Household Contents, Equipment and Maintenance (4.8 percent); Recreation and Culture (4.1 percent); Clothing and Footwear (4.1 percent). Twitter Lastly, core inflation rose to 4.4% in June, from Mays 4.1%. As of 2022, rising inflation has become a shared trend worldwide. How the Inter-American Development Bank is Driving Blockchain Use Cases in Latin America, the Caribbean Lessons for Africa? ALSO READ: Still going like a Bullet Train: Is Brad Pitt going to retire from acting? Inflation dropped to 7.5% in September, which followed Augusts 7.6%. As a result, the index moved closer to but remained below the 50.0 no-change mark, signaling a milder deterioration in private-sector business conditions from the previous month. Link to report: South Africa: Food and Fuel Feed Rising Inflation South Africas annual consumer price index inflation rate surged to a 13-year high of 7.4 percent in June 2022, driven mainly by Food inflation rose to 20.6% in June 2022 Consumer prices rose 1.07% from the previous month in June, accelerating from May's 0.68% increase. That has forced central banks to raise interest rates, risking the prospect of recession as higher borrowing costs hurt businesses and consumers. Sudan haS the highest inflation in Africa as of 2022. Inflation Rate in South Africa averaged 8.74 percent from 1968 until 2022, reaching an all time high of 20.70 percent in January of 1986 and a record low of 0.20 percent in January of 2004. We have provided a few examples below that you can copy and paste to your site: Your image export is now complete. That would imply the Fed could pause hiking rates at its March 2023 meeting. October 19, 2022. The US is able to reduce the inflation rate from 9.1 per cent to 8.2 per cent by increasing the Federal Reserve rate by 275 bps. Direct access to our data from your apps using any programing language. Online Store The result was driven by rising prices for housing and utilities and transportation. The average annual inflation rate between these periods was 7.57%. TheSouthAfrican.com is all about South Africa and the stories that affect South Africans, wherever they are in the world. The table below contains annual inflation rates in South Africa from 1958. Annual consumer price inflation quickened to 6,5% in May from 5,9% in April and March, breaking through the upper limit of the South African Reserve Banks monetary policy target range. Looking for forecasts related to PMI in South Africa? South Africa is able to reduce the inflation rate from 7.8 per cent to 7.5 per cent by increasing the policy rate by 225 bps. The General Household Survey (GHS) tracks the progress of development in South Africa and read more , In 2021, South Africa had a population of approximately 60,5 million people. Business - DM Listen, 4 Nov South African businesses are taking longer to pay off their debts - Business debt conditions have declined in the second quarter of this year, with this downward trajectory likely to continue in the coming quarters, according to new insight from Experian South Africa. With regard to prices, a weaker South African rand and higher energy bills pushed input cost inflation up, whereas selling prices rose at a marginally quicker pace. Client Log In, Facebook Although some South Africans resided in institutions such as hospitals and old age homes, SA had an estimated 18 million households, with an average household size of 3,34 persons. June's result marked the highest reading since July 2021. Google+, Facebook A Dollar Crunch Bites Africa Amidst Record Inflation Numbers, M-PESA Mobile Money Service Gets Licensed to Operate in Ethiopia Africas Second Most Populous Nation, Egyptian Fintech, MoneyFellows, Raises $31 Million Series B Round, Jumia Co-Founders Step Down Again as the Leading African e-Commerce Company Struggles to Deliver IPO Promise. MUVHANGO: Tonights episode, 09 November 2022 [VIDEO]. Inflation South Africa 2022 (CPI) - The inflation chart and table below feature an overview of the South African inflation in 2022: CPI South Africa 2022. Google+, Copyright: 2022. The Laspeyres formula is generally used. Consumer prices rose 1.07% from the previous month in June, accelerating from May's 0.68% increase. Manufacturing output expanded 2.1% month on month in seasonally adjusted terms in August (July: -0.1% mom). Kindly participate in this short survey and provide your details. Additionally, new orders also declined in October, as higher price pressures undermined consumption. Data published It is the highest rate since May 2009 when the rate was 8,0%. Headline inflation is projected at 4.8% in 2022 and 4.4% in 2023, according to National Treasury. Search form. Inflation dropped to 7.5% in September, which followed Augusts 7.6%. Restaurants and Hotels, Education, Communication and Health account for the remaining 10 percent. October 11, 2022. Mainly driven by rising transport and food prices, the government said that the June 2022 rate is the highest reading since May 2009 (8.0%) when the economy was facing the headwind of currency depreciation during the global financial crisis. Still going like a Bullet Train: Is Brad Pitt going to retire from acting? Never miss out on our latest data,analysis and industryevents. June's reading was the highest inflation rate since May 2009. Annual consumer price inflation was 7.4% in June 2022, up from 6.5% in May, and the highest rate since May 2009,. Subscribe to our YouTube channel below for more updates: South Africa Inflation Hits 7.4% in June 2022 The Highest in 13 Years. In addition to weaker client demand, higher operating costs and load-shedding capacity cuts hurt production. South Africa inflation rate for 2021 was 4.61%, a 1.4% increase from 2020. Annual consumer price inflation was 7.4% in June 2022, up from 6.5% in May, and the highest rate since May 2009, the statistics agency, StatsSA, said in a statement. South Africa: Inflation drops to lowest level since June in September. The rate is the highest recorded in 13 years. At its highest level, South Africa inflation surged to 13-year high in June with the annual consumer price inflation of 7.4%. Please check your download folder. White label accounts can distribute our data. This is the highest annual rate for food and NAB since March 2017 when the country was recovering from severe drought. Address: Riverbank House, 1 Putney Bridge Approach, London, SW6 4TJ. Global electricity demand slowing sharply: IEA, Johnny Depp struts his stuff at Savage x Fentyshow, WATCH | Police watching LOOTERS and not acting [VIDEO], Dont charge Refuse Collection this month Residents to Ekurhuleni, WATCH | Dancing teacher just cant stop grooving [VIDEO]. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds. South African Stocks End at Near 2-Month High, South Africa Forex Reserves Fell Slightly in October, South Africa Private Sector Contracts for 2nd Month, South Africa Trade Surplus Unexpectedly Widens, South Africa Private Credit Growth at Near 7-Year High, South Africa Producer Inflation Eases Less than Expected, South Africa 10-Year Bond Yield at 1-Week Low, Bovespa Sinks Following Bad Earnings from Bradesco, Mexbol Turns Downward After Inflation Report, Canada TSX Declines with Commodities, CPI Uncertainty, Poland Holds Interest Rate Steady for 2nd Meeting. This is a 0.9% increase from the 6.5% recorded in May 2022. A day after the inflation data for June 2022 was released, the South African Reserve Bank raised its main benchmark rate by three-quarters of a percentage point to 5.50%, which is noted as the highest raise in borrowing rates in 20 years. STATISTICS SOUTH AFRICA 3 P0141 Consumer Price Index June 2022 KEY FINDINGS Headline consumer price index (CPI for all urban areas) Annual consumer price inflation was 7,4% in June 2022, up from 6,5% in May 2022. In 2020, the countrys inflation rate rose to over 500 percent. Inflation in South Africa surged to its highest level in 13 years in June, driven primarily by rising prices for food, transport and housing, official data showed on Wednesday. South Africas annual consumer price inflation (CPI) reached 7.4% in June 2022, Statistics South Africa (Stats SA) says. This is a 0.9% increase from the 6.5% recorded in May 2022. Statistician General Risenga Maluleke on Wednesday said this was the highest rate since May 2009 when the rate was 8.0%. Trading Economics welcomes candidates from around the world. The survey showed that jobs increased by 200000 between March 2021 and read more , Media Release 27 June 2022 Construction industry, 2020 According to the Construction industry report released by Statistics South Africa today, 11 000 construction jobs were lost between 2011 (484 000) and 2020 (473 000). Fuel prices declined for a second consecutive month, contributing to the softer headline rate. Consumer price index (CPI), Producer price index (PPI), Government finance: national and provincial government, Supply and use tables, Satellite accounts, Regional GDP, Gross domestic product (GDP), expenditure, Structural industry statistics (large sample surveys of industries, Population Statistics (Census and Community Survey), Labour Statistics- Quarterly Labour Force Survey (QLFS), Tourism Statistics (Domestic Tourism Survey), Crime and Safety Statistics (Victims of Crime Survey), Service Delivery Statistics (General Household Survey), Transport Statistics (National Travel Survey). Meanwhile, price pressures intensified for other CPI items including food & non-alcoholic beverages (11.9% vs 11.3%), notably oils & fats (29%) and bread & cereals (19.3%); alcoholic beverages & tobacco (5.9% vs 5.2%); housing & utilities (4.2% vs 4%); restaurants & hotels (7.9% vs 5.8%) and miscellaneous goods & services (4% vs 3.7%). The read more , MEDIA ADVISORY 20 June 2022 Statistics South Africa to release the results of the General Household Survey, 2021 Statistics South Africa (Stats SA) will release the results of the 2021 General Household Survey (GHS) on Thursday, 23 June 2022 in Pretoria. Google+, Facebook Advanced users can use our Python/R/Matlab packages. South Africas Bureau of Statistics says the countrys inflation rate increased to 7.8 percent in July 2022, up from 7.4 percent in the previous month. Monetary policymakers of Africas most industrialised power had sought to keep inflation within a range of three to 6%. Inflation has been ticking upwards in South Africa with a print of 5.7% y-o-y in January 2022 (latest available data), which is higher than 3.2% y-o-y print in January 2021. Prices slowed mostly for transport (21.2% vs 25% in July), of which fuels (43.2% vs 56.2%) and restaurants & hotels (5.8% vs 6.5%). Kaizer Chiefs coach issues latest transfer update! The rate of increase in the prices of food and non-alcoholic beverages The monthly change in the consumer price index (CPI) was 0,7%. The 5-year and 10-year In September 2022, the South Africa: Inflation drops to lowest level since June in September. The national read more . Backlinks from other websites and blogs are the lifeblood of our site and are our primary source of new traffic. The annual core inflation, which excludes prices of food, non-alcoholic beverages, fuel and energy, fell to 4.4% in August of 2022, from a near five-year high of 4.6% in the previous month. South Africa Economic News. October 19, 2022. On a monthly basis, consumer prices inched up by 1.5%, after increasing 1.1% in June and above market forecasts of a 1.4% rise. Inflation hits 13-year high in South Africa here are 8 things that are much more expensive Inflation was recorded at 7.4% in June 2022, up from 6.5% in May 2022. Africas inflation set to rise in 2022 Increases in consumer prices vary widely among countries in Africa. South Africa's inflation rate reached 7.4% in June from 6.5% in May, Statistics South Africa said Wednesday. Never miss out on our latest data,analysis and industryevents. The inflation rate is based upon the Search . AFP/Ina South Africas overall rate of inflation in March 2022 (compared to March 2021) was 5,9%. Here is another chart indicating South African inflation data over the last 1 year: The Consumer Price Index (CPI) increased by 1.1% between May and June. The maximum level was 120 index points and minimum was 1.2 index points. Download a sample report now. LinkedIn Inflation dropped to 7.5% in September, which followed Augusts The Laspeyres formula is generally used. In the first quarter 2022 of gross domestic product of South Africa grew by 1,7%. South Africas Bureau of Statistics says the countrys inflation rate increased to 7.8 percent in July 2022, up from 7.4 percent in the previous month. The General Household Survey, 2021, released by Statistics South Africa, indicates that although most 18- and 19-year-olds were still attending secondary school, almost three out of 10 pupils aged 18 years (29,3%) and 4 out of 9 (46,3%) of read more , Media Release 28 June 2022 Real estate, activities auxiliary to financial intermediation and business services industry, 2020 Today, Stats SA read more , According to the Quarterly Employment Statistics (QES, Q1:2022) survey released by Statistics South Africa (Stats SA), total employment in the formal non-agricultural sector increased by 42 000 in the first quarter of 2022, bringing the level of total employment to approximately 10,1 million. Victor Oluwole. Production in agricultural sector past quarter failed for 7,7%, in the processing - for 5,9%. South Africa Blue Sky Publications (Pty) Ltd T/A TheSouthAfrican Number: 2005/028472/07. Read more. Friday 17 June 2022 - 11:04am File: Food prices are soaring. The Experian Business Debt Index (BDI) fell from a reading of 1.438 in the first quarter of Please check your download folder. Press All details will be kept confidential and is for the use of Stats SA only. South Africa's annual inflation rate accelerated to an over 13-year high of 7.8% in July of 2022, from 7.4% in June, above market expectations of 7.7% and the upper limit of the South African Meanwhile, delivery times lengthened markedly due to Transnet strikes in ports. The bank had drastically slashed interest rates in 2020 to a low of 3.5% to help the economy weather the coronavirus pandemic. My Cart This means that 100 rand in 1958 are equivalent to 9,925.96 rand in 2021. South Africa inflation rate for 2020 was 3.21%, a 0.91% decline from 2019. Showed a 557 chance that the benchmark rate would increase by 50 basis points at the December. The inflation rate in South Africa between 1958 and 2021 was 9,825.96%, which translates into a total increase of R9,825.96. | Privacy Policy | Cookies Policy | Terms & Conditions | Sitemap | RSS feed, Inflation increases to over 13-year high in June, South Africa: PMI improves but remains in contractionary territory in October, South Africa: Inflation drops to lowest level since June in September, South Africa: Manufacturing activity grows at fastest pace in seven months in August, South Africa: PMI drops into contractionary territory in September, South Africa: SARB meets expectations and delivers another 75 basis point hike in September. The survey provides a snapshot of progress achieved in basic government services and also read more , Statistics South Africa will conduct an independent survey to measure the accuracy and reach of the Census 2022 population count from 8 June to 26 July 2022. Twitter Inflation dropped to 7.5% in September, which followed Augusts 7.6%. | Privacy Policy | Cookies Policy | Terms & Conditions | Sitemap | RSS feed, PMI improves but remains in contractionary territory in October, South Africa: Inflation drops to lowest level since June in September, South Africa: Manufacturing activity grows at fastest pace in seven months in August, South Africa: PMI drops into contractionary territory in September, South Africa: SARB meets expectations and delivers another 75 basis point hike in September. South Africa: Manufacturing activity grows at fastest pace in seven months in August. The S&P Global Purchasing Managers Index (PMI) fell to 49.2 in September, down from August's 51.7. API users can feed a custom application. Families in the West South Central (Arkansas, Louisiana, Oklahoma, and Texas) and Mountain West (Arizona, Colorado, Idaho, Montana, Nevada, New Mexico, Utah, and Wyoming) are facing the highest inflation rates, with prices today 14.9 percent higher than in January 2021 for both regions. On a monthly basis, consumer prices were up by 0.2%, the least in seven months, slightly above market forecasts of a 0.1% increase. The current inflation rate in South Africa is 7.80%, which is calculated based on CPI (Consumer Price Index) values for the last 12 months ending in September 2022. At its 22 September meeting, the Monetary Policy Committee of the South African Reserve Bank (SARB) increased the repurchase rate by a further 75 basis points, bringing it to 6.25%. The biggest losses in jobs were recorded in the construction of civil engineering structures (-31 000) and site preparation (-9 000). Central Bank Rate is 6.25% (last modification in September 2022).. South Africas official inflation rate does not necessarily apply to households across the country but varies markedly between different income groups. This is the highest inflation rate since May 2009 when the CPI was 8.0 percent due to Top 10 African Countries with the highest inflation rate in Africa in 2022. Standard users can export data in a easy to use web interface or using an excel add-in. The S&P Global Purchasing Managers Index (PMI) rose to 49.5 in October, up from the prior months 49.2. Scroll to Top. We have a plan for your needs. If you use our chart images on your site or blog, we ask that you provide attribution via a link back to this page. ______________________________________________________________________, SEE ALSO: Nigeria Inflation Surges to Over 18% in June 2022 The Highest in 5 Years. About Looking for forecasts related to Inflation in South Africa? Prices slowed further for transportation (17.9% vs 21.2% in August), on account of fuels (34.1% vs 43.2%). August 2022, rising inflation has dipped slightly overall -- in September, which followed 7.6 You use our datasets on your site: your data export is now complete inflation ( CPI ) 7.4. Statistics South Africa: inflation drops to lowest level since June in September, which Augusts Subscribe to our YouTube channel below for more updates: South Africa ( Stats only! Increased the repurchase rate by a further 75 basis points, bringing it to %. Higher price pressures undermined consumption to 49.5 in October, up from the month! Sa is in the first half of 2022 the average annual inflation rate was 6,6 %: '' Was 0,7 % 2022 ) going to retire from acting, in the prices of food and non-alcoholic was All be interested because high inflation and load shedding as risks terms in August ( July: -0.1 % )! 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