{"id":22450,"date":"2012-09-19T11:21:46","date_gmt":"2012-09-19T09:21:46","guid":{"rendered":"http:\/\/businesstech.co.za\/news\/?p=22450"},"modified":"2012-09-19T15:36:09","modified_gmt":"2012-09-19T13:36:09","slug":"cpi-up-50-year-on-year-in-august","status":"publish","type":"post","link":"https:\/\/businesstech.co.za\/news\/trending\/22450\/cpi-up-50-year-on-year-in-august\/","title":{"rendered":"CPI up 5,0% year-on-year in August"},"content":{"rendered":"

Consumer prices rose 5.0% year on year in August from 4.9% year on year in July\u201a Statistics SA<\/a> said on Wednesday (19 September 2012).<\/p>\n

The inflation rate was expected to have increased at 5.0%\u201a according to a survey of leading economists by I-Net Bridge<\/a>.<\/p>\n

Forecasts among the eleven economists ranged from 4.9% to 5.1% year on year.<\/p>\n

The consumer price index (CPI) increased 0.2% month on month in August from the 0.3% month on month increase in July.<\/p>\n

The annual average consumer inflation rate was 5.0% in 2011 from 4.3% in 2010.<\/p>\n

The main driver of the annual rise in the CPI was housing and utilities which contributed 1.4 percentage points. Food and non-alcoholic beverages\u201a and transport\u201a each accounted for 0.8 percentage points of the increase.<\/p>\n

The food and non-alcoholic beverages index was unchanged between July and August\u201a and rose by an annual rate of 4.9%\u201a down from 5.3% in July.<\/p>\n

The housing and utilities index rose by 0.2% between July and August\u201a mainly due to a 0.5% increase in water tariffs. The annual rate quickened to 5.8% from 5.7% in July.<\/p>\n

The transport index rose by 0.6% between July and August\u201a mainly due to a 22 cents\/litre increase in the price of petrol. On an annual basis it accelerated to 4.9% from 4.6% in July.<\/p>\n

Related articles<\/strong><\/p>\n

CPI eases to 4.9%<\/strong><\/a><\/p>\n

Electricity production down 2.3% in June \u2013 Stats SA<\/strong><\/a><\/p>\n

SA Q2 unemployment rate 24.9% vs Q1 25.2%<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Consumer prices rose 5.0% year on year in August from 4.9% year on year in July\u201a Statistics SA says.<\/p>\n","protected":false},"author":8,"featured_media":448,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_sma_x_autopost_status":"idle","_sma_x_autopost_error":"","_sma_x_post_id":"","_sma_x_attempts":0,"footnotes":""},"categories":[1],"tags":[25,2829,3745,1809],"class_list":["post-22450","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-trending","tag-active","tag-cpi","tag-statistics-south-africa","tag-stats-sa"],"_links":{"self":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/22450","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/comments?post=22450"}],"version-history":[{"count":4,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/22450\/revisions"}],"predecessor-version":[{"id":22490,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/22450\/revisions\/22490"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media\/448"}],"wp:attachment":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media?parent=22450"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/categories?post=22450"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/tags?post=22450"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}