Furnishings, household equipment and routine maintenance inflation analysis for Jan 2025
Furnishings, household equipment and routine maintenance key statistics
What is happening to Furnishings, household equipment and routine maintenance prices? 📈
Speeding Up or Slowing Down?
Year-on-year Furnishings, household equipment and routine maintenance inflation rate vs CPI headline
Highlights
What happened to Furnishings, household equipment and routine maintenance prices over the last twelve months?
Furnishings, household equipment and routine maintenance prices have increased by 1,8% over the last 12 months. This compares to overall consumer inflation (as measured by CPI) of 3,2%.
How does Furnishings, household equipment and routine maintenance 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% |
Furnishings, household equipment and routine maintenance ranks 9 out of 13 major sectors, with a 1,8% price increase over the past 12 months. This is below the overall consumer price inflation rate of 3,2%, indicating that Furnishings, household equipment and routine maintenance prices are rising slower than most other consumer goods and services.
Is Furnishings, household equipment and routine maintenance price inflation accelerating or slowing down?
What was the inflation rate in Furnishings, household equipment and routine maintenance in previous month?
Previous, year-on-year inflation in Furnishings, household equipment and routine maintenance came in at 1,4% (Invalid Date). The most recent year-on-year inflation rate for Invalid Date was 1,8%. That means, we have seen a cost acceleration compared to the previous 12 months.
How has the inflation rate in Furnishings, household equipment and routine maintenance changed over the last two years?
If we look back over a longer period, we see that Furnishings, household equipment and routine maintenance year-on-year inflation has been averaging 3,3% over the past 2 years. The most recent year-on-year inflation rate for Invalid Date was 1,8%. That means, Furnishings, household equipment and routine maintenance most recent year-on-year price inflation of 1,8% is below the average inflation rate of 2,9% over the past 2 years. The trend is up.
How does 1,8% in Furnishings, household equipment and routine maintenance inflation compare historically? Has Furnishings, household equipment and routine maintenance inflation been higher or lower historically?
How much did Furnishings, household equipment and routine maintenance cost 1 year, 2 years, 5 years and 10 years ago?
| Period | Rand amount | Total Change |
|---|---|---|
| Current | 1 000 | - |
| 1 year ago | 982 | 1,8% |
| 2 years ago | 956 | 4,6% |
| 5 years ago | 865 | 15,6% |
| 10 years ago | 746 | 34,1% |
Costs relating to Furnishings, household equipment and routine maintenance which cost R1,000 today would have cost you R982 one year ago, R956 two years ago, and R865 five years ago. This shows how the purchasing power of your money has declined over time due to inflation in Furnishings, household equipment and routine maintenance prices.