9 things that have become more expensive in South Africa in 2021

Published 2021년 5월 19일

Tridge summary

Statistics South Africa has reported that the country's annual headline inflation rate rose to 4.4% in April, its highest since February 2020, primarily due to increases in transport and food prices. The rise in the transport sector was largely attributed to a surge in fuel prices, with inland 95-octane petrol reaching a record high of R17.32 per litre. The food sector, particularly meat, milk, eggs & cheese, and oils & fats, also saw significant price increases of 6.3%, 7.8%, and 16.7% respectively. Furthermore, the annual rate for alcoholic beverages and tobacco increased to 4.8%.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Statistics South Africa has published its latest consumer price index, showing that annual headline inflation jumped to 4.4% in April from 3.2% in March, mainly driven by rising transport and food prices. This is the highest reading since before the Covid-19 lockdown, which was 4.6% in February 2020, the statistics body said. “Over the last 14 months, consumer price inflation was relatively subdued throughout the lockdown which began on 27 March 2020. Headline inflation retreated from 4.6% in February 2020 to 3% in April 2020. “The rate bottomed out at 2.1% in May 2020, the lowest reading in just over 15 years,” it said. Some of the largest annual price increases (April 2020 vs April 2021) were recorded for the following goods and services: Annual transport inflation jumped to 10.6% in April 2021, mainly due to a rise in fuel prices, public transport and new vehicles. This was primarily the result of petrol prices, which reached their highest level on record. Inland 95-octane ...

Source: Businesstech