South Africa

South Africa Inflation January 2021

South Africa: Inflation ticks up in January

Consumer prices rose 0.34% in January over the previous month, picking up from the 0.17% increase recorded in December and marking the sharpest increase in prices since July 2020. Looking at the details of the release, transportation prices rose at a quicker pace in January compared to the previous month, while prices pressures for food and non-alcoholic beverages also picked up pace. In addition, prices for alcoholic beverages and tobacco also gained steam.

Inflation came in at 3.2% in January, which was up from December’s 3.1%. Annual average inflation ticked down to 3.2% in January (December: 3.3%). Lastly, core inflation was unchanged, coming in at December’s 3.3% in January.

Free sample report

Access essential information in the shortest time possible. FocusEconomics provide hundreds of consensus forecast reports from the most reputable economic research authorities in the world.
Close Left Media Arrows Left Media Circles Right Media Arrows Right Media Circles Arrow Quote Wave Address Email Telephone Man in front of screen with line chart Document with bar chart and magnifying glass Application window with bar chart Target with arrow Line Chart Stopwatch Globe with arrows Document with bar chart in front of screen Bar chart with magnifying glass and dollar sign Lightbulb Document with bookmark Laptop with download icon Calendar Icon Nav Menu Arrow Arrow Right Long Icon Arrow Right Icon Chevron Right Icon Chevron Left Icon Briefcase Icon Linkedin In Icon Full Linkedin Icon Filter Facebook Linkedin Twitter Pinterest