https://newsletter.en.creamermedia.com
Africa|Services
Africa|Services
africa|services

Paying for indulgences

28th February 2025

     

Font size: - +

South Africa’s inflation rate is easing, with 2024 recording an average inflation of 4.4%, down from 2023’s average of 6%, according to Statistics SA.

However, inflation measures the change in the cost of goods, not their actual cost. Prices always rise over time, but when inflation cools, price hikes slow down.

Stats SA data show that in the past five years the price of bread has increased by 41%, milk by 29%, cooking oil by 62%, peanut butter by 54% and sugar by 56%.

Indulgent treats have also seen steep increases. The price of Ceylon tea nearly doubled between December 2019 and December 2024. And a global shortage of cocoa beans has driven up the price of chocolate (+66.7%) and instant coffee (+92%).

To calculate the Consumer Price Index, Stats SA uses the cost of services and goods, including food items and non-alcoholic beverages bought by the average household each month.

— February 8, 2025  

Edited by Creamer Media Reporter

Article Enquiry

Email Article

Save Article

Feedback

To advertise email advertising@creamermedia.co.za or click here

Comments

 

Latest Multimedia

Photo of Martin Creamer
On-The-Air (12/12/2025)
12th December 2025 By: Martin Creamer

Showroom

ABB Electrification
ABB Electrification

Electrifying the world in a safe, smart, and sustainable way, ABB Electrification is a global technology leader in electrical distribution and...

VISIT SHOWROOM 
Essentra Components
Essentra Components

We are responsible manufacturers of essential components. Manufacturing 80 million parts a week, we have over 1 billion parts in stock.

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Magazine round up | 10 December 2025
Magazine round up | 12 December 2025
12th December 2025

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







301

sq:0.206 0.312s - 171pq - 2rq
Subscribe Now