Accommodation services inflation analysis for Jan 2025

Last updated Feb 2025 by Walter (source: StatSSA)

Accommodation services key statistics

What is happening to Accommodation services prices? 📈

8,2% over 12 months
vs historical average of 4,5%
Running above historical average 🚀

Speeding Up or Slowing Down?

Accelerating 🚀
Current: 8,2% vs Previous: 2,4%

Year-on-year Accommodation services inflation rate vs CPI headline

What happened to Accommodation services prices over the last twelve months?

Accommodation services prices have increased by 8,2% over the last 12 months. This compares to overall consumer inflation (as measured by CPI) of 3,2%.

How does Accommodation services price inflation compare to headline CPI and other major sectors?

Basket 12m change
1 Electricity, gas and other fuels 11,8%
2 Non-alcoholic beverages 9,0%
3 Accommodation services 8,2%
4 Insurance 8,0%
5 Primary and secondary education 6,6%
6 Tertiary education 5,9%
7 Water supply and miscellaneous services 5,5%
8 Health services 5,0%
9 Tobacco 4,8%
10 Restaurants 4,0%
11 Alcoholic beverages 3,9%
12 Goods and services for routine household maintenance 3,5%
13 Medicines and health products 3,4%
14 Newspapers, books and stationery 3,3%
15 CPI Headline 3,2%
16 Recreational and cultural services 2,5%
17 Purchase of vehicles 2,4%
18 Owners equivalent rent 2,4%
19 Footwear 1,8%
20 Clothing 1,5%
21 Food 1,5%
22 Maintenance and repair 1,3%
23 Information and communication services 0,8%
24 Passenger transport services 0,7%
25 Furniture, furnishings and loose carpets -0,9%
26 Recreational goods -2,2%
27 Household textiles, appliances, tableware and equipment -2,7%
28 Package holidays -2,9%
29 Operation of personal transport equipment -3,1%
30 Information and communication equipment -15,5%

Accommodation services ranks 3 out of 30 major sectors, with a 8,2% price increase over the past 12 months. This is above the overall consumer price inflation rate of 3,2%, indicating that Accommodation services prices are rising faster than most other consumer goods and services.

Is Accommodation services price inflation accelerating or slowing down?

What was the inflation rate in Accommodation services in previous month?

Previous, year-on-year inflation in Accommodation services came in at 2,4% (Invalid Date). The most recent year-on-year inflation rate for Invalid Date was 8,2%. That means, we have seen a cost acceleration compared to the previous 12 months.

How has the inflation rate in Accommodation services changed over the last two years?

If we look back over a longer period, we see that Accommodation services year-on-year inflation has been averaging 6,8% over the past 2 years. The most recent year-on-year inflation rate for Invalid Date was 8,2%. That means, Accommodation services most recent year-on-year price inflation of 8,2% is above the average inflation rate of 4,5% over the past 2 years. The trend is up.

How does 8,2% in Accommodation services inflation compare historically? Has Accommodation services inflation been higher or lower historically?

The most recent year-on-year inflation rate in Invalid Date was 8,2%.
The lowest year-on-year inflation rate was -8,2% in Invalid Date.
The highest year-on-year inflation rate was 20,8% in Invalid Date.
The historical year-on-year average inflation rate for Accommodation services is 4,5%.

How much did Accommodation services cost 1 year, 2 years, 5 years and 10 years ago?

Period Rand amount Total Change
Current 1 000 -
1 year ago 925 8,2%
2 years ago 835 19,8%
5 years ago 801 24,9%
10 years ago 751 33,1%

Costs relating to Accommodation services which cost R1,000 today would have cost you R925 one year ago, R835 two years ago, and R801 five years ago. This shows how the purchasing power of your money has declined over time due to inflation in Accommodation services prices.