Clothing and footwear inflation analysis for Jan 2025
Clothing and footwear key statistics
What is happening to Clothing and footwear prices? 📈
Speeding Up or Slowing Down?
Year-on-year Clothing and footwear inflation rate vs CPI headline
Highlights
What happened to Clothing and footwear prices over the last twelve months?
Clothing and footwear prices have increased by 1,5% over the last 12 months. This compares to overall consumer inflation (as measured by CPI) of 3,2%.
How does Clothing and footwear price inflation compare to headline CPI and other major sectors?
| Basket | 12m change | |
|---|---|---|
| 1 | Education | 6,4% |
| 2 | Personal care and miscellaneous services | 5,9% |
| 3 | Restaurants and accommodation services | 4,9% |
| 4 | Housing and utilities | 4,5% |
| 5 | Health | 4,4% |
| 6 | Alcoholic beverages and tobacco | 4,3% |
| 7 | CPI Headline | 3,2% |
| 8 | Food and non alcoholic beverages | 2,3% |
| 9 | Furnishings, household equipment and routine maintenance | 1,8% |
| 10 | Clothing and footwear | 1,5% |
| 11 | Recreation, sport and culture | 1,5% |
| 12 | Transport | -0,2% |
| 13 | Information and communication | -0,5% |
Clothing and footwear ranks 10 out of 13 major sectors, with a 1,5% price increase over the past 12 months. This is below the overall consumer price inflation rate of 3,2%, indicating that Clothing and footwear prices are rising slower than most other consumer goods and services.
Is Clothing and footwear price inflation accelerating or slowing down?
What was the inflation rate in Clothing and footwear in previous month?
Previous, year-on-year inflation in Clothing and footwear came in at 1,7% (Invalid Date). The most recent year-on-year inflation rate for Invalid Date was 1,5%. That means, we have seen a cost deceleration compared to the previous 12 months.
How has the inflation rate in Clothing and footwear changed over the last two years?
If we look back over a longer period, we see that Clothing and footwear year-on-year inflation has been averaging 2,3% over the past 2 years. The most recent year-on-year inflation rate for Invalid Date was 1,5%. That means, Clothing and footwear most recent year-on-year price inflation of 1,5% is below the average inflation rate of 3,0% over the past 2 years. The trend is down.
How does 1,5% in Clothing and footwear inflation compare historically? Has Clothing and footwear inflation been higher or lower historically?
How much did Clothing and footwear cost 1 year, 2 years, 5 years and 10 years ago?
| Period | Rand amount | Total Change |
|---|---|---|
| Current | 1 000 | - |
| 1 year ago | 985 | 1,5% |
| 2 years ago | 962 | 3,9% |
| 5 years ago | 917 | 9,0% |
| 10 years ago | 789 | 26,7% |
Costs relating to Clothing and footwear which cost R1,000 today would have cost you R985 one year ago, R962 two years ago, and R917 five years ago. This shows how the purchasing power of your money has declined over time due to inflation in Clothing and footwear prices.