CPI reaches 6.1% in November

Category News Articles

The headline Consumer Price Index (CPI) for all urban areas annual inflation rate in November 2011 was 6.1 percent, says Statistics South Africa.

The report released by Statistics South Africa (Stats SA) today states that this rate was 0.1 of a percentage point higher than the corresponding annual rate of 6.0 percent in October 2011.

On average, prices increased by 0.3 percent between October 2011 and November 2011.

The food and non-alcoholic beverages index increased by 0.5 percent between October 2011 and November 2011.

The annual rate increased to 10.7 percent in November 2011 from 10.6 percent in October 2011.

The following components in the food and non-alcoholic beverages index increased: fruit (5.6 percent), meat (2.0 percent), bread and cereals (1.5 percent) and oils and fats (0.9 percent).

The following components decreased: vegetables (-4.3 percent), sugar, sweets and desserts (-0.9 percent), other food (-0.4 percent), hot beverages (-0.4 percent), milk, eggs and cheese (-0.2 percent) and cold beverages (-0.2 percent).

The transport index increased by 0.5 percent between October 2011 and November 2011, mainly due to a 23c/litre increase in the price of petrol.

The annual rate increased to 6.9 percent in November 2011 from 6.7 percent in October 2011.

The recreation and culture index increased by 0.9 percent between October 2011 and November 2011 mainly due to a 5.3 percent increase in the prices of books, newspapers and stationery.

The annual rate increased to -0.6 percent in November 2011 from -1.3 percent in October 2011.

The provinces with an annual inflation rate lower than or equal to headline inflation were KwaZulu-Natal (6.1 percent), Western Cape (6.0 percent) and Gauteng (5.8 percent).

The provinces with an annual inflation rate higher than headline inflation were Northern Cape (7.9 percent), Eastern Cape (7.4 percent), Free State (7.0 percent), Limpopo (6.6 percent), North West (6.4 percent) and Mpumalanga (6.3 percent).