Electricity, gas and other fuels inflation analysis for Jan 2025

Last updated Feb 2025 by Walter (source: StatSSA)

Electricity, gas and other fuels key statistics

What is happening to Electricity, gas and other fuels prices? 📈

11,8% over 12 months
vs historical average of 11,9%
Running below historical average 🐌

Speeding Up or Slowing Down?

Accelerating 🚀
Current: 11,8% vs Previous: 11,4%

Year-on-year Electricity, gas and other fuels inflation rate vs CPI headline

What happened to Electricity, gas and other fuels prices over the last twelve months?

Electricity, gas and other fuels prices have increased by 11,8% over the last 12 months. This compares to overall consumer inflation (as measured by CPI) of 3,2%.

How does Electricity, gas and other fuels price inflation compare to headline CPI and other major sectors?

Basket 12m change
1 Electricity, gas and other fuels 11,8%
2 Non-alcoholic beverages 9,0%
3 Accommodation services 8,2%
4 Insurance 8,0%
5 Primary and secondary education 6,6%
6 Tertiary education 5,9%
7 Water supply and miscellaneous services 5,5%
8 Health services 5,0%
9 Tobacco 4,8%
10 Restaurants 4,0%
11 Alcoholic beverages 3,9%
12 Goods and services for routine household maintenance 3,5%
13 Medicines and health products 3,4%
14 Newspapers, books and stationery 3,3%
15 CPI Headline 3,2%
16 Recreational and cultural services 2,5%
17 Purchase of vehicles 2,4%
18 Owners equivalent rent 2,4%
19 Footwear 1,8%
20 Clothing 1,5%
21 Food 1,5%
22 Maintenance and repair 1,3%
23 Information and communication services 0,8%
24 Passenger transport services 0,7%
25 Furniture, furnishings and loose carpets -0,9%
26 Recreational goods -2,2%
27 Household textiles, appliances, tableware and equipment -2,7%
28 Package holidays -2,9%
29 Operation of personal transport equipment -3,1%
30 Information and communication equipment -15,5%

Electricity, gas and other fuels ranks 1 out of 30 major sectors, with a 11,8% price increase over the past 12 months. This is above the overall consumer price inflation rate of 3,2%, indicating that Electricity, gas and other fuels prices are rising faster than most other consumer goods and services.

Is Electricity, gas and other fuels price inflation accelerating or slowing down?

What was the inflation rate in Electricity, gas and other fuels in previous month?

Previous, year-on-year inflation in Electricity, gas and other fuels came in at 11,4% (Invalid Date). The most recent year-on-year inflation rate for Invalid Date was 11,8%. That means, we have seen a cost acceleration compared to the previous 12 months.

How has the inflation rate in Electricity, gas and other fuels changed over the last two years?

If we look back over a longer period, we see that Electricity, gas and other fuels year-on-year inflation has been averaging 12,7% over the past 2 years. The most recent year-on-year inflation rate for Invalid Date was 11,8%. That means, Electricity, gas and other fuels most recent year-on-year price inflation of 11,8% is below the average inflation rate of 11,9% over the past 2 years. The trend is up.

How does 11,8% in Electricity, gas and other fuels inflation compare historically? Has Electricity, gas and other fuels inflation been higher or lower historically?

The most recent year-on-year inflation rate in Invalid Date was 11,8%.
The lowest year-on-year inflation rate was 2,3% in Invalid Date.
The highest year-on-year inflation rate was 31,0% in Invalid Date.
The historical year-on-year average inflation rate for Electricity, gas and other fuels is 11,9%.

How much did Electricity, gas and other fuels cost 1 year, 2 years, 5 years and 10 years ago?

Period Rand amount Total Change
Current 1 000 -
1 year ago 894 11,8%
2 years ago 776 28,9%
5 years ago 593 68,7%
10 years ago 403 147,9%

Costs relating to Electricity, gas and other fuels which cost R1,000 today would have cost you R894 one year ago, R776 two years ago, and R593 five years ago. This shows how the purchasing power of your money has declined over time due to inflation in Electricity, gas and other fuels prices.