Cold beverages inflation analysis for Jan 2025
Cold beverages key statistics
What is happening to Cold beverages prices? 📈
Speeding Up or Slowing Down?
Year-on-year Cold beverages inflation rate vs CPI headline
Highlights
What happened to Cold beverages prices over the last twelve months?
Cold beverages prices have increased by 5,9% over the last 12 months. This compares to overall consumer inflation (as measured by CPI) of 3,2%.
How does Cold beverages 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% |
Cold beverages ranks 5 out of 31 major sectors, with a 5,9% price increase over the past 12 months. This is above the overall consumer price inflation rate of 3,2%, indicating that Cold beverages prices are rising faster than most other consumer goods and services.
Is Cold beverages price inflation accelerating or slowing down?
What was the inflation rate in Cold beverages in previous month?
Previous, year-on-year inflation in Cold beverages came in at 5,6% (Invalid Date). The most recent year-on-year inflation rate for Invalid Date was 5,9%. That means, we have seen a cost acceleration compared to the previous 12 months.
How has the inflation rate in Cold beverages changed over the last two years?
If we look back over a longer period, we see that Cold beverages year-on-year inflation has been averaging 6,9% over the past 2 years. The most recent year-on-year inflation rate for Invalid Date was 5,9%. That means, Cold beverages most recent year-on-year price inflation of 5,9% is above the average inflation rate of 5,7% over the past 2 years. The trend is up.
How does 5,9% in Cold beverages inflation compare historically? Has Cold beverages inflation been higher or lower historically?
How much did Cold beverages cost 1 year, 2 years, 5 years and 10 years ago?
| Period | Rand amount | Total Change |
|---|---|---|
| Current | 1Â 000 | - |
| 1 year ago | 944 | 5,9% |
| 2 years ago | 882 | 13,4% |
| 5 years ago | 787 | 27,1% |
| 10 years ago | 588 | 70,1% |
Costs relating to Cold beverages which cost R1,000 today would have cost you R944 one year ago, R882 two years ago, and R787 five years ago. This shows how the purchasing power of your money has declined over time due to inflation in Cold beverages prices.