Share

October inflation flat at 5.9%

Johannesburg - The headline Consumer Price Index (CPI) annual inflation rate was at 5.9% year-on-year in October, in line with market expectations and unchanged from September, data from Statistics South Africa (Stats SA) showed on Wednesday.

On a month-on-month basis CPI was at 0.2%, also matching analysts' forecasts, from 0.0% in September.

"This rate was the same as the corresponding annual rate of 5.9% in September 2014. On average, prices increased by 0.2% between September 2014 and October 2014," Stats SA said.

In July CPI was 6.3%.

Stats SA said the food and non-alcoholic beverages index increased by 0.2% between September 2014 and October 2014.

"The annual rate decreased to 7.8% in October 2014 from 8.5% in September 2014," Stats SA said.

In the food and non-alcoholic beverages index, fruit, other food, meat, and cold beverages increased.

Oils and fats, hot beverages, vegetables, fish, bread and cereals, sugar, sweets and desserts, and milk, eggs and cheese decreased.

The alcoholic beverages index increased by 1.9% between September 2014 and October 2014, while the annual rate increased to 6.3% in October 2014 from 5.3% in September 2014.

"The transport index increased by 0.3% between September 2014 and October 2014. The annual rate increased to 4.8% in October 2014 from 4.2% in September 2014," Stats SA said.


We live in a world where facts and fiction get blurred
Who we choose to trust can have a profound impact on our lives. Join thousands of devoted South Africans who look to News24 to bring them news they can trust every day. As we celebrate 25 years, become a News24 subscriber as we strive to keep you informed, inspired and empowered.
Join News24 today
heading
description
username
Show Comments ()
Rand - Dollar
18.89
+0.2%
Rand - Pound
23.84
+0.2%
Rand - Euro
20.36
+0.4%
Rand - Aus dollar
12.31
+0.3%
Rand - Yen
0.12
+0.2%
Platinum
908.05
0.0%
Palladium
1,014.94
0.0%
Gold
2,232.75
-0.0%
Silver
24.95
-0.1%
Brent Crude
87.00
+1.8%
Top 40
68,346
0.0%
All Share
74,536
0.0%
Resource 10
57,251
0.0%
Industrial 25
103,936
0.0%
Financial 15
16,502
0.0%
All JSE data delayed by at least 15 minutes Iress logo
Company Snapshot
Editorial feedback and complaints

Contact the public editor with feedback for our journalists, complaints, queries or suggestions about articles on News24.

LEARN MORE
Government tenders

Find public sector tender opportunities in South Africa here.

Government tenders
This portal provides access to information on all tenders made by all public sector organisations in all spheres of government.
Browse tenders