Inflation Monitor | April 2023
Annual consumer inflation fell to 6.8% in April from 7.1% in March. This is the lowest reading since May 2022.
Tag: inflation
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4 weeks ago
A review of minimum wages and conditions at work
In a new target, the National Minimum Wage Commission says the lowest-paid workers must get pay rises above inflation.
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1 month ago
Resource: Inflation Monitor | March 2023
Inflation tells us something about the buying power of a worker. Effective negotiators need to ensure that workers get regular increases to maintain the buying power of their wages.
Inflation Monitor | March 2023
Annual consumer price inflation was 7,1% in March 2023, up from 7,0% in February 2023. The CPI increased by 1,0% month-on-month in March 2023.
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3 months ago
Resource: Inflation Monitor | February 2023
A simplified version of the latest inflation data to support negotiators and the bargaining process of the trade union.
Inflation Monitor | February 2023
A simplified version of the latest inflation data to support negotiators and the union’s bargaining process.
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3 months ago
Bargaining Benchmarks | March 2023
This report provides union negotiators with the benchmarks to enter bargaining processes as informed role players.
Bargaining Benchmarks | March 2023
Benchmarks to help union negotiators enter negotiations as informed players.
Inflation Monitor | January 2023
The average annual consumer price (CPI) fell to 6.9% in January 2023, with food inflation at its highest level in 14 years.
Inflation Monitor | December 2022
Our simplified version of inflation data in South Africa supports trade union bargaining.
Inflation Monitor | November 2022
The annual inflation rate decreased to 7.4% in November 2022 from 7.6% in October 2022.
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6 months ago
RESOURCE: Bargaining Benchmarks | December 2022
A resource for trade union negotiators in South Africa.
Bargaining Benchmarks | December 2022
A resource for trade union negotiators in South Africa.
Inflation Monitor | October 2022
The headline annual inflation rate increased to 7.6% in October 2022 from 7.5% in September 2022.
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8 months ago
Bargaining Benchmarks | October 2022
Five benchmarks to help trade union negotiators enter bargaining processes as informed role players.
Bargaining Benchmarks | October 2022
Five benchmarks to help trade union negotiators enter bargaining processes as informed role players.
Inflation Monitor | September 2022
The headline annual inflation rate decreased to 7.5% in September 2022 from 7.6% in August 2022.
Inflation Monitor | August 2022
The headline annual inflation rate decreased to 7.6% in August 2022 from 7.8% in July
2022.
Inflation Monitor | July 2022
Annual consumer inflation increased to 7.8% in July 2022 from 7.4% in June. Transport, food and non-alcoholic beverages, and housing and utilities continue to place considerable pressure on the annual rate. Bread and cereals, oils and fats, fuel and electricity contributed notably to the reading in July.
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11 months ago
LRS Inflation Monitor | June 2022
Our simplified version of what is happening with inflation in South Africa.
Inflation Monitor | June 2022
The headline annual inflation rate increased to 7.4% in June 2022 from 6.5% in May 2022.
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11 months ago
Bargaining Benchmarks | July 2022
LRS Bargaining Benchmarks publication is for trade union negotiators. Our series of benchmarks will help the negotiator to enter into bargaining as an informed role player.
Bargaining Benchmarks | July 2022
LRS Bargaining Benchmarks is for trade union negotiators. Our series of benchmarks will help the negotiator to enter into bargaining as an informed role player.
Inflation Monitor | May 2022
The consumer price index accelerated to 6.5% in May 2022, from 5.9% in April.
Inflation Monitor | April 2022
The Consumer Price Index remained at 5.9% in April 2022, unchanged from March.
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1 year ago
What is happening with inflation, and what does it mean for wage negotiations?
The trade union negotiator’s checklist for dealing with inflation in wage increases.
Inflation Monitor | March 2022
The headline annual inflation rate increased to 5.9% in March 2022, from 5.7% in February 2022. The Consumer Price Index (CPI) increased by 1.0% month-on-month in March 2022.
Inflation Monitor | February 2022
Annual consumer inflation held steady at 5. 7% in February 2022, unchanged from January. But food and transport prices put upward pressure on the monthly rate, with the Consumer Price Index (CPI) for the goods increasing by 0.6% between January and February.
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1 year ago
How to build a wage demand and calculate percentages and money amounts
This wage bargaining guide is for negotiators in all kinds of bargaining environments.
Inflation Monitor | January 2022
The Consumer Price Index eased to 5.7% in January of 2022, from a near five-year high of 5.9% in December. Prices slowed for transport and health but rose faster for food, housing and utilities.
Inflation Monitor | December 2021
The annual consumer price inflation was 5.9% in December 2021, compared with 5.5% in November. It’s the highest recorded annual rate since March 2017, when it increased by 6.1%. Transport prices increased by a massive 16.8%, on the back of rising petrol and diesel prices.
Inflation Monitor | November 2021
The Consumer Price Index increased to 5.5% in November 2021, compared with 5% in October. That’s the biggest annual increase in almost 5 years. The transport category contributed the most to the inflation in November, recording an annual increase of 15%.
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1 year ago
Bargaining Benchmarks | December 2021
Five bargaining benchmarks every trade union negotiator should know. The benchmarks will help you to enter bargaining processes as an informed role player.
Inflation Monitor | October 2021
The Consumer Price Index came out unchanged at 5% compared to September. Food and transport costs are the biggest contributors to the rate, with the transport index increasing by 10.9% in October 2021 compared with October 2020. And the SARB has raised its main lending rate by 25 basis points to 3.75%, meaning the prime lending rate of commercial banks will increase to 7.25%.
Inflation Monitor | September 2021
The headline inflation rose to 5% in September 2021 from 4.9% in August 2021. Food inflation is 7%, electricity 14%, and fuel almost 20%, with a large petrol price increase expected in November.
Inflation Monitor | August 2021
The term inflation means a sustained increase in the general level of prices of goods and services. The headline annual inflation rate increased to 4.9% in August 2021 from 4.6% in July 2021.
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2 years ago
Bargaining Benchmarks | September 2021
Our series of benchmarks will help trade union negotiators to enter into bargaining processes as informed role players.
Inflation Monitor | July 2021
The headline annual inflation rate declined to 4.6% in July 2021 from 4.9% in June 2021.
Inflation Monitor | June 2021
The headline annual inflation rate was 4.9% in June 2021, compared with 5.2% in May 2021.
Inflation Monitor | MAY 2021
The headline inflation rate in May 2021 accelerated to 5.2 % year on year. The prices of food, transport, public transport and administered prices continue to drive inflation. Remember that inflation statistics refer to the past twelve months, while wage increases refer to the months to come.
Inflation Monitor | April 2021
The headline annual inflation rate increased to 4.4% in April 2021 from 3.2% in March 2021. The Consumer Price Index (CPI) increased by 0.7% month-on-month in April 2021.
Read More
2 years ago
Wage calculator – New LRS online tool for workers
Our new wage calculator will tell you how much a percentage increase is an amount of money and help you understand the effect of inflation on the wage increase.
Inflation Monitor | March 2021
The headline annual inflation rate increased to 3.2% in March 2021 from 2.9% in February 2021.
Inflation Monitor | February 2021
The headline inflation rate slowed to 2.9% in February 2021 from 3.2% in January 2021.
Bargaining Benchmarks | March 2021
Bargaining Benchmarks is a resource for role players in collective bargaining in South Africa.
Read More
2 years ago
Bargaining Benchmarks | March 2021
Our series of benchmarks will help trade union negotiators to enter into bargaining processes as informed role players.
Inflation Monitor | January 2021
The headline annual inflation rate increased to 3.2% in January 2021 from 3.1% in December 2020. Food price slowed to 5.6%.
Inflation Monitor | December 2020
The headline annual inflation rate declined to 3.1% in December 2020 from 3.2% in November 2020. The Consumer price index increased by 0.2% month-on-month in December 2020.
Bargaining Benchmarks | December 2020
Bargaining Benchmarks is a resource for role players in collective bargaining in South Africa.
Inflation Monitor | November 2020
The headline annual inflation rate declined to 3.2% in November 2020 from 3.3% in October 2020. On a month-on-month basis the inflation rate came at 0% in November 2020 from 0.3% in October 2020.
Inflation Monitor | October 2020
The headline annual inflation rate went up to 3.3% in October 2020 from 3% in September 2020. On average, prices increased by 0.3% month-on-month in October 2020.
Inflation Monitor | September 2020
The headline annual inflation rate increased at a slower pace of 3% in September 2020 from 3.1% in August 2020. On average, prices increased by 0.2% month-on-month in September.
Bargaining Benchmarks | October 2020
Bargaining Benchmarks is a resource for role players in collective bargaining in South Africa.
Inflation Monitor | August 2020
The headline annual inflation rate slowed down to 3.1% in August 2020 from 3.2% in July 2020. On average, prices increased by 0.2% month-on-month in August 2020.
Inflation Monitor | July 2020
The headline annual inflation rate rose to 3.2% in July 2020 from 2.2% in June 2020. On average, prices increased by 1.3% month-on-month in July 2020.
Inflation Monitor | June 2020
The headline annual inflation rate rose to 2.2% in June 2020 from 2.1% in May 2020. On average, prices increased by 0.5% month-on-month in June 2020.
Bargaining Benchmarks | July 2020
Bargaining Benchmarks is a resource for role players in collective bargaining in South Africa.
Inflation Monitor | May 2020
The headline annual inflation rate decreases to 2.1% in May 2020 from 3% in April 2020. On average, prices increased by 0.6% month-on-month in May 2020.
Inflation Monitor | April 2020
The headline annual Inflation rate decreased to 3% in April 2020 from 4.1% in March 2020. On average, prices increased by 0.5% month-on-month in April 2020.
Inflation Monitor | March 2020
The headline annual inflation rate decreased to 4.1% in March 2020 from 4.6% in February 2019. On average, prices increased by 0.3% month-on-month in March 2020.
Inflation Monitor | February 2020
The headline inflation rate increased to 4.6% in February 2020 from 4.5% in January 2019. On average, prices increased by 0.1% month-on-month in February 2020.
Bargaining Benchmarks | March 2020
Bargaining Benchmarks is a resource for role players in collective bargaining in South Africa.
Inflation Monitor | January 2020
The headline inflation rate increased to 4.5% in January 2020 from 4% in December 2019. On average, prices increased by 0.3% month-on-month in January 2020.
Inflation Monitor | December 2019
The headline inflation rate was 4% in December 2019 compared to 3.6% in November 2019. On average, prices increased by 0.3% month-on-month in December 2019.
Inflation Monitor | November 2019
The headline inflation rate declined to 3.6% in November 2019 from 3.7% in October 2019. On average, prices increased by 0.1% month-on-month in November 2019.
Bargaining Benchmarks | November 2019
Bargaining Benchmarks is a resource for role players in collective bargaining in South Africa.
Inflation Monitor | October 2019
The headline inflation rate declined to 3.7% in October 2019 from 4.1% in September 2019. On average, prices increased by 0.3% month-on-month in September 2019.
Inflation Monitor | September 2019
The headline inflation rate declined to 4.1% in September 2019 from 4.3% in August 2019. On average, prices increased by 0.3% month-on-month in September 2019.
Inflation Monitor | August 2019
The headline inflation rate rose to 4.3% in August 2019 from 4% in July 2019. On average, prices increased by 0.3% month-on-month in August.
Bargaining Benchmarks | September 2019
Bargaining Benchmarks is a resource for role players in collective bargaining in South Africa.
Inflation Monitor | July 2019
The headline inflation rate decreased to 4% in July 2019 compared to 4.5% in June 2019. On average, prices increased by 0.4% month-on-month in July 2019.
Inflation Monitor | June 2019
The headline Inflation rate was 4.5% in June 2019. The food price increased to 3.2% in June 2019, from 2.8% in May 2019.
Inflation Monitor | May 2019
The headline inflation rate increased to 4.5% in May 2019 compared with 4.4% in April 2019. On average, prices increased by 0.3% month-on-month May 2019.
Bargaining Benchmarks | June 2019
Bargaining Benchmarks is a resource for role players in collective bargaining in South Africa.
Inflation Monitor | April 2019
The headline inflation rate declined to 4.4% in April 2019 compared to 4.5% in March 2019. On average, prices declined by -0.1% month-on-month April 2019.
Inflation Monitor | March 2019
The headline inflation rate increased to 4.5% in March 2019 compared to 4.1% in February 2019. On average, prices increased by 0.8% month-on-month March 2019.
Inflation Monitor | February 2019
The headline inflation rate declined to 4.1% in February 2019 compared to 4% in January 2019. On average, prices increased by 0.8% month-on-month in February 2019.
Bargaining Benchmarks | March 2019
Bargaining Benchmarks is a resource for role players in collective bargaining in South Africa.
Inflation Monitor | January 2019
The headline inflation rate declined to 4% in January 2019, compared to 4.5% in December 2018. On average, prices increased by 0.5% between January 2019 and December 2018.
Inflation Monitor | December 2018
The headline inflation rate as measured by the CPI declined to 4.5% in December 2018 compared to 5.2% in November 2018. On average, prices increased by 0.5% between September 2018 and October 2018.
Inflation Monitor | November 2018
The headline inflation rate was 5.2% in November 2018, higher than 5.1% in October 2018. On average, prices increased by 0.5% between September 2018 and October 2018.
Inflation Monitor | October 2018
The headline inflation rate was 5.1% in October 2018, higher than 4.9% in September 2018. On average, prices increased by 0.5% between September 2018 and October 2018.
Inflation Monitor | September 2018
The headline inflation rate was 4.9% in September 2018, unchanged from 4.9% in August 2018 on average, prices increased by 0.5% month-on-month in September 2018.
Inflation Monitor | August 2018
The headline inflation rate in August 2018 was 4.9% year on year. On average, prices increased by 0.1% between August and July 2018.
Bargaining Benchmarks | September 2018
Bargaining Benchmarks is a resource for role players in collective bargaining in South Africa.
Inflation Monitor | July 2018
The headline Inflation rate in July 2018 was 5.1% year on year. On average, prices increased by 0.8% between July and June 2018.
Inflation Monitor | June 2018
The headline inflation rate in June 2018 was 4.6% year on year. On average, prices increased by 0.2% between June and May 2018.
Bargaining Benchmarks | June 2018
Bargaining Benchmarks is a resource for role players in collective bargaining in South Africa.
Inflation Monitor | May 2018
The headline inflation rate in May 2018 was 4.4% year on year. On average, prices increased by 0.2% between May and April 2018.
Inflation Monitor | April 2018
The headline inflation rate at June 2018 was 4.6% year on year. On average, prices increased by 0.2% between June and May 2018.
Inflation Monitor | March 2018
The headline Inflation rate at March 2018 was 3.8% year on year. The rate was 0.2% point lower than the corresponding annual inflation rate of 4 % in February 2018.
Inflation Monitor | February 2018
The Consumer Price Index (CPI) declined to 4% in February 2018.
Inflation Monitor | January 2018
The inflation rate as measured by the Consumer Price Index (CPI) increased to 4.4% in January 2018 from 4.7% in December 2017.
Bargaining Benchmarks | March 2018
Bargaining Benchmarks is a resource for role players in collective bargaining in South Africa.
Inflation Monitor | December 2017
The inflation rate as measured by the Consumer Price Index (CPI) increased to 4.7% in December 2017 from 4.6% in November 2017.
Inflation Monitor | November 2017
The year-on-year inflation rate as measured by the Consumer Price Index (CPI) slowed down to 4.6% in November 2017 from 4.8% in October 2017.
Inflation Monitor | October 2017
The year-on-year inflation rate as measured by the Consumer Price Index (CPI) slowed down to 4.8% in October 2017 from 5.1% in September 2017.
Inflation Monitor | September 2017
The year-on-year inflation rate as measured by the Consumer Price Index (CPI) increased to 5.1% in September 2017 from 4.8% in August 2017.
Inflation Monitor | August 2017
The year-on-year inflation rate as measured by the Consumer Price Index (CPI) increased to 4.8% in August 2017 from 4.6% in July 2017.
Inflation Monitor | July 2017
The year-on-year inflation rate as measured by the Consumer Price Index (CPI) declined to 4.6% in July 2017 from 5.1% in June 2017.
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