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New-Look CPI From January

South Africa’s Consumer Price Index (CPI) is set to take on a new look from January next year which will better reflect the steep price increases faced by consumers.

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April CPI at 6,1%

| News by Staff Reporter

The headline inflation rate in April 2012 was 6,1%


The headline inflation rate in South Africa in April 2012 (i.e. the Consumer Price Index for all urban areas in April 2012 compared with that at April 2011) was 6,1%, according to Stats SA.

The statistics firm said “The official inflation rate (i.e. the percentage change in the CPI for all urban areas in April 2012 compared with that in April 2011) was 6,1% at April 2012.”

This rate is 0,1 of a percentage point higher than the annual rate in March 2012, said the firm.

“From March 2012 to April 2012 the Consumer Price Index for all urban increased by 0,4%,” added Stats SA.


Source: www.bizpremises.co.za

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