Medical industry - Doctors inflation analysis for Jan 2025

Last updated Feb 2025 by Walter (source: StatSSA)

Medical industry - Doctors key statistics

What is happening to Medical industry - Doctors prices? 📈

4,7% over 12 months
vs historical average of 6,3%
Running below historical average 🐌

Speeding Up or Slowing Down?

Decelerating 🐌
Current: 4,7% vs Previous: 4,7%

Year-on-year Medical industry - Doctors inflation rate vs CPI headline

What happened to Medical industry - Doctors prices over the last twelve months?

Medical industry - Doctors prices have increased by 4,7% over the last 12 months. This compares to overall consumer inflation (as measured by CPI) of 3,2%.

How does Medical industry - Doctors price inflation compare to headline CPI and other major sectors?

Medical industry - Doctors ranks 8 out of 31 major sectors, with a 4,7% price increase over the past 12 months. This is above the overall consumer price inflation rate of 3,2%, indicating that Medical industry - Doctors prices are rising faster than most other consumer goods and services.

Is Medical industry - Doctors price inflation accelerating or slowing down?

What was the inflation rate in Medical industry - Doctors in previous month?

Previous, year-on-year inflation in Medical industry - Doctors came in at 4,7% (Invalid Date). The most recent year-on-year inflation rate for Invalid Date was 4,7%. That means, we have seen a cost deceleration compared to the previous 12 months.

How has the inflation rate in Medical industry - Doctors changed over the last two years?

If we look back over a longer period, we see that Medical industry - Doctors year-on-year inflation has been averaging 5,2% over the past 2 years. The most recent year-on-year inflation rate for Invalid Date was 4,7%. That means, Medical industry - Doctors most recent year-on-year price inflation of 4,7% is below the average inflation rate of 6,3% over the past 2 years. The trend is down.

How does 4,7% in Medical industry - Doctors inflation compare historically? Has Medical industry - Doctors inflation been higher or lower historically?

The most recent year-on-year inflation rate in Invalid Date was 4,7%.
The lowest year-on-year inflation rate was 3,0% in Invalid Date.
The highest year-on-year inflation rate was 10,6% in Invalid Date.
The historical year-on-year average inflation rate for Medical industry - Doctors is 6,3%.

How much did Medical industry - Doctors cost 1 year, 2 years, 5 years and 10 years ago?

Period Rand amount Total Change
Current 1 000 -
1 year ago 955 4,7%
2 years ago 905 10,5%
5 years ago 793 26,1%
10 years ago 587 70,4%

Costs relating to Medical industry - Doctors which cost R1,000 today would have cost you R955 one year ago, R905 two years ago, and R793 five years ago. This shows how the purchasing power of your money has declined over time due to inflation in Medical industry - Doctors prices.