Education services - University boarding fees inflation analysis for Jan 2025

Last updated Feb 2025 by Walter (source: StatSSA)

Education services - University boarding fees key statistics

What is happening to Education services - University boarding fees prices? 📈

8,2% over 12 months
vs historical average of 8,1%
Running above historical average 🚀

Speeding Up or Slowing Down?

Decelerating 🐌
Current: 8,2% vs Previous: 8,2%

Year-on-year Education services - University boarding fees inflation rate vs CPI headline

What happened to Education services - University boarding fees prices over the last twelve months?

Education services - University boarding fees 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 Education services - University boarding fees price inflation compare to headline CPI and other major sectors?

Education services - University boarding fees ranks 3 out of 31 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 Education services - University boarding fees prices are rising faster than most other consumer goods and services.

Is Education services - University boarding fees price inflation accelerating or slowing down?

What was the inflation rate in Education services - University boarding fees in previous month?

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

How has the inflation rate in Education services - University boarding fees changed over the last two years?

If we look back over a longer period, we see that Education services - University boarding fees year-on-year inflation has been averaging 7,4% over the past 2 years. The most recent year-on-year inflation rate for Invalid Date was 8,2%. That means, Education services - University boarding fees most recent year-on-year price inflation of 8,2% is above the average inflation rate of 8,1% over the past 2 years. The trend is down.

How does 8,2% in Education services - University boarding fees inflation compare historically? Has Education services - University boarding fees 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 0,0% in Invalid Date.
The highest year-on-year inflation rate was 11,5% in Invalid Date.
The historical year-on-year average inflation rate for Education services - University boarding fees is 8,1%.

How much did Education services - University boarding fees cost 1 year, 2 years, 5 years and 10 years ago?

Period Rand amount Total Change
Current 1 000 -
1 year ago 924 8,2%
2 years ago 866 15,5%
5 years ago 721 38,7%
10 years ago 498 100,8%

Costs relating to Education services - University boarding fees which cost R1,000 today would have cost you R924 one year ago, R866 two years ago, and R721 five years ago. This shows how the purchasing power of your money has declined over time due to inflation in Education services - University boarding fees prices.