Hot beverages inflation analysis for Jan 2025
Hot beverages key statistics
What is happening to Hot beverages prices? 📈
Speeding Up or Slowing Down?
Year-on-year Hot beverages inflation rate vs CPI headline
Highlights
What happened to Hot beverages prices over the last twelve months?
Hot beverages prices have increased by 13,7% over the last 12 months. This compares to overall consumer inflation (as measured by CPI) of 3,2%.
How does Hot 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% |
Hot beverages ranks 1 out of 31 major sectors, with a 13,7% price increase over the past 12 months. This is above the overall consumer price inflation rate of 3,2%, indicating that Hot beverages prices are rising faster than most other consumer goods and services.
Is Hot beverages price inflation accelerating or slowing down?
What was the inflation rate in Hot beverages in previous month?
Previous, year-on-year inflation in Hot beverages came in at 13,5% (Invalid Date). The most recent year-on-year inflation rate for Invalid Date was 13,7%. That means, we have seen a cost acceleration compared to the previous 12 months.
How has the inflation rate in Hot beverages changed over the last two years?
If we look back over a longer period, we see that Hot beverages year-on-year inflation has been averaging 12,1% over the past 2 years. The most recent year-on-year inflation rate for Invalid Date was 13,7%. That means, Hot beverages most recent year-on-year price inflation of 13,7% is above the average inflation rate of 8,0% over the past 2 years. The trend is up.
How does 13,7% in Hot beverages inflation compare historically? Has Hot beverages inflation been higher or lower historically?
How much did Hot beverages cost 1 year, 2 years, 5 years and 10 years ago?
| Period | Rand amount | Total Change |
|---|---|---|
| Current | 1Â 000 | - |
| 1 year ago | 879 | 13,7% |
| 2 years ago | 800 | 25,0% |
| 5 years ago | 657 | 52,1% |
| 10 years ago | 467 | 114,0% |
Costs relating to Hot beverages which cost R1,000 today would have cost you R879 one year ago, R800 two years ago, and R657 five years ago. This shows how the purchasing power of your money has declined over time due to inflation in Hot beverages prices.