Beer inflation analysis for Jan 2025
Beer key statistics
What is happening to Beer prices? 📈
Speeding Up or Slowing Down?
Year-on-year Beer inflation rate vs CPI headline
Highlights
What happened to Beer prices over the last twelve months?
Beer prices have increased by 3,5% over the last 12 months. This compares to overall consumer inflation (as measured by CPI) of 3,2%.
How does Beer price inflation compare to headline CPI and other major sectors?
| Basket | 12m change | |
|---|---|---|
| 1 | Hot beverages | 13,7% |
| 2 | Medical industry - Medical insurance | 10,3% |
| 3 | Education services - University boarding fees | 8,2% |
| 4 | Medical industry - Dentists | 8,1% |
| 5 | Cold beverages | 5,9% |
| 6 | Sugar, confectionery and desserts | 5,7% |
| 7 | Medical industry - Hospital services | 5,3% |
| 8 | Medical industry - Doctors | 4,7% |
| 9 | Spirits and liqueurs | 4,5% |
| 10 | Housing - Actual rentals-Town houses | 4,4% |
| 11 | Fish and other seafood | 4,2% |
| 12 | Domestic services | 4,1% |
| 13 | Wine | 3,8% |
| 14 | Cereal products | 3,8% |
| 15 | Housing - Owners equivalent rent-Town houses | 3,5% |
| 16 | Beer | 3,5% |
| 17 | Housing - Actual rentals-Flats | 3,3% |
| 18 | CPI Headline | 3,2% |
| 19 | Housing - Owners equivalent rent-Flats | 2,8% |
| 20 | Oils and fats | 2,8% |
| 21 | Vehicles - New vehicles | 2,7% |
| 22 | Other services | 2,6% |
| 23 | Housing - Actual rentals-Houses | 2,2% |
| 24 | Housing - Owners equivalent rent-Houses | 2,1% |
| 25 | Other food | 2,1% |
| 26 | Fruits and nuts | 2,1% |
| 27 | Milk, other dairy products and eggs | 1,7% |
| 28 | Vegetables | 0,7% |
| 29 | Meat | -0,5% |
| 30 | Vehicles - Used vehicles | -0,8% |
| 31 | Fuel | -4,5% |
Beer ranks 16 out of 31 major sectors, with a 3,5% price increase over the past 12 months. This is above the overall consumer price inflation rate of 3,2%, indicating that Beer prices are rising faster than most other consumer goods and services.
Is Beer price inflation accelerating or slowing down?
What was the inflation rate in Beer in previous month?
Previous, year-on-year inflation in Beer came in at 3,4% (Invalid Date). The most recent year-on-year inflation rate for Invalid Date was 3,5%. That means, we have seen a cost acceleration compared to the previous 12 months.
How has the inflation rate in Beer changed over the last two years?
If we look back over a longer period, we see that Beer year-on-year inflation has been averaging 4,6% over the past 2 years. The most recent year-on-year inflation rate for Invalid Date was 3,5%. That means, Beer most recent year-on-year price inflation of 3,5% is below the average inflation rate of 6,2% over the past 2 years. The trend is up.
How does 3,5% in Beer inflation compare historically? Has Beer inflation been higher or lower historically?
How much did Beer cost 1 year, 2 years, 5 years and 10 years ago?
| Period | Rand amount | Total Change |
|---|---|---|
| Current | 1 000 | - |
| 1 year ago | 966 | 3,5% |
| 2 years ago | 923 | 8,3% |
| 5 years ago | 813 | 23,0% |
| 10 years ago | 628 | 59,1% |
Costs relating to Beer which cost R1,000 today would have cost you R966 one year ago, R923 two years ago, and R813 five years ago. This shows how the purchasing power of your money has declined over time due to inflation in Beer prices.