Information and communication equipment inflation analysis for Jan 2025

Last updated Feb 2025 by Walter (source: StatSSA)

Information and communication equipment key statistics

What is happening to Information and communication equipment prices? 📈

-15,5% over 12 months
vs historical average of -12,6%
Running below historical average 🐌

Speeding Up or Slowing Down?

Decelerating 🐌
Current: -15,5% vs Previous: -13,6%

Year-on-year Information and communication equipment inflation rate vs CPI headline

What happened to Information and communication equipment prices over the last twelve months?

Information and communication equipment prices have increased by -15,5% over the last 12 months. This compares to overall consumer inflation (as measured by CPI) of 3,2%.

How does Information and communication equipment 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%

Information and communication equipment ranks 30 out of 30 major sectors, with a -15,5% price increase over the past 12 months. This is below the overall consumer price inflation rate of 3,2%, indicating that Information and communication equipment prices are rising slower than most other consumer goods and services.

Is Information and communication equipment price inflation accelerating or slowing down?

What was the inflation rate in Information and communication equipment in previous month?

Previous, year-on-year inflation in Information and communication equipment came in at -13,6% (Invalid Date). The most recent year-on-year inflation rate for Invalid Date was -15,5%. That means, we have seen a cost deceleration compared to the previous 12 months.

How has the inflation rate in Information and communication equipment changed over the last two years?

If we look back over a longer period, we see that Information and communication equipment year-on-year inflation has been averaging -9,5% over the past 2 years. The most recent year-on-year inflation rate for Invalid Date was -15,5%. That means, Information and communication equipment most recent year-on-year price inflation of -15,5% is below the average inflation rate of -12,6% over the past 2 years. The trend is down.

How does -15,5% in Information and communication equipment inflation compare historically? Has Information and communication equipment inflation been higher or lower historically?

The most recent year-on-year inflation rate in Invalid Date was -15,5%.
The lowest year-on-year inflation rate was -30,9% in Invalid Date.
The highest year-on-year inflation rate was 1,9% in Invalid Date.
The historical year-on-year average inflation rate for Information and communication equipment is -12,6%.

How much did Information and communication equipment cost 1 year, 2 years, 5 years and 10 years ago?

Period Rand amount Total Change
Current 1 000 -
1 year ago 1 183 -15,5%
2 years ago 1 275 -21,6%
5 years ago 1 646 -39,2%
10 years ago 2 977 -66,4%

Costs relating to Information and communication equipment which cost R1,000 today would have cost you R1 183 one year ago, R1 275 two years ago, and R1 646 five years ago. This shows how the purchasing power of your money has declined over time due to inflation in Information and communication equipment prices.