Education services - University boarding fees inflation analysis for Jan 2025
Education services - University boarding fees key statistics
What is happening to Education services - University boarding fees prices? 📈
Speeding Up or Slowing Down?
Year-on-year Education services - University boarding fees inflation rate vs CPI headline
Highlights
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?
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% |
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?
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.