Consumer price inflation spikes in July
4 Articles
4 Articles
Inflation climbs as beef costs nearly 30% more
By Dylan Bettencourt Beef prices have increased almost 29% in the past year, with stewing beef now costing R123.87 per kilogram compared to R94.80 a year ago. Water tariffs rose by 12.1% in July, the biggest jump since 2018, while electricity and fuel prices also increased. Inflation rose to 3.5% in July, the highest in 10 months, as South Africans continue to feel the pinch at the shops. Statistics South Africa said prices increased by 0.9% be…
In South Africa, overall consumer price inflation reached 3.5% year-on-year in July 2025, compared with 3.0% in June. This rate remains within the target range of 3% to 6% set by the central bank. On a monthly basis, inflation was set at 0.9 per cent.
Consumer price inflation spikes in July
Consumer price inflation spikes in July Zandile.Khumalo Wed, 08/20/2025 - 12:59 JOHANNESBURG - The annual consumer price index has increased to 3,5% in July. In June, the CPI was on 3.0%. READ | Consumer inflation data due this weekFood and alcoholic drinks were the main contributor.
Consumer inflation lifts in July
By Koketso Mano, FNB Senior Economist Headline inflation lifted to 3.5% y/y in July, up from 3.0% in June. The print was slightly below our 3.6% forecast but in line with the consensus expectation. Monthly pressure was 0.9%, mainly driven by electricity and core items. Core inflation was 0.4% m/m and 3.0% y/y, up from […] The post Consumer inflation lifts in July appeared first on Farmers Review Africa.
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