Inflation in south africa pdf

Inflation targeting monetary policy, inflation volatility. The annual inflation rate in south africa increased to 4. To measure inflation in the economy so that macroeconomic policy is based on comprehensive and uptodate price information. The study was motivated by recent trends in domestic inflation that has frequently been at the upper end of the target range of between 3% and 6%. This study investigated the determinants of inflation in south africa using quarterly data from 1970q1 to 2015q4. Learn more about the south africa economy, including the population of south africa, gdp, facts, trade, business, inflation and other data and analysis on its economy from the index of economic. Pdf the main determinants of inflation in south africa. Inflation in south africa economics research southern africa. South africa inflation rate 19682020 data 20212022. What accounts for inflationary pressures in the south african economy. Statistic south africas inflation has been quite stable for the past years, levelling off between 4. Graph and download economic data for inflation, consumer prices for south africa fpcpitotlzgzaf from 1960 to 2019 about south africa, consumer, cpi. Pdf estimating the inflation threshold for south africa.

Inflation inequality in south africa development policy research unit. Pdf on jan 10, 20, michael adusei and others published is inflation in south africa a structural or monetary phenomenon. Pdf inflation and stock market returns in south africa. Subsaharan africa inflation rate 20142024 statista.

Pdf this study investigated the determinants of inflation in south africa using quarterly data from 1970q1 to 2015q4. Average inflation rates of south africa, 1961 1970 to 2001 2006. Inflation and growth in south africa oxford academic journals. Estimating the inflation threshold for south africa article pdf available in journal for studies in economics and econometrics 362 january 2012 with 297 reads how we measure reads. Working papers can be downloaded in pdf adobe acrobat format. South africas annual inflation quickened in may, with the rate reaching the midpoint of the central banks target range as higher food and beverage prices contributed to the increase. Timeseries estimates of the benefits of disinflation. To measure changes in the cost of living of south african households to promote equity in the.

The macroeconomic data used in the analysis for the preinflation targeting monetary policy regime, 1960q1 to 1998q4, for the inflation targeting monetary policy regime, i. South africas inflation has been quite stable for the past years, levelling off between 4. Ersa shall not be liable to any person for inaccurate information or opinions contained herein. The views expressed are those of the authors and do not necessarily represent those of the funder, ersa or the authors affiliated institutions. Consumer price index the south african cpi sources and. Inflation south africa 2020 cpi inflation south africa 2020. The cpi inflation rates in the table are presented both on a monthly basis compared to the month before as well as on a yearly basis compared to the same month the year before. This is the inflation index data, from stats sa, used by the calculator. Mean and standard deviation of inflation in south africa. South african annual inflation rate measured as changes in cpi.

Inflation south africa 2020 cpi the inflation chart and table below feature an overview of the south african inflation in 2020. What is the relationship between oil prices and inflation. Pdf this paper investigated the relationship between stock market returns and inflation in south africa and revealed that stock market returns and inflation in south africa are positively related. To provide a deflator of consumer expenditure in the expenditure national accounts and other economic data. The headline cpi for all urban areas annual inflation rate in march. The south african inflation record graph 1 shows the record of inflation in the south african economy from 1946 as the first full calendar year in the postworld war ii period, inflation is represented here by the year toyear percer1tage change in the annual average of the consumer price index. This statistic shows the average inflation rate in subsaharan africa from 2014 to 2018, with projections up until 2024. The inflation rate is based upon the consumer price index cpi.