Spirits and liqueurs inflation analysis for Jan 2025
Spirits and liqueurs key statistics
What is happening to Spirits and liqueurs prices? 📈
Speeding Up or Slowing Down?
Year-on-year Spirits and liqueurs inflation rate vs CPI headline
Highlights
What happened to Spirits and liqueurs prices over the last twelve months?
Spirits and liqueurs prices have increased by 4,5% over the last 12 months. This compares to overall consumer inflation (as measured by CPI) of 3,2%.
How does Spirits and liqueurs 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% |
Spirits and liqueurs ranks 9 out of 31 major sectors, with a 4,5% price increase over the past 12 months. This is above the overall consumer price inflation rate of 3,2%, indicating that Spirits and liqueurs prices are rising faster than most other consumer goods and services.
Is Spirits and liqueurs price inflation accelerating or slowing down?
What was the inflation rate in Spirits and liqueurs in previous month?
Previous, year-on-year inflation in Spirits and liqueurs came in at 5,5% (Invalid Date). The most recent year-on-year inflation rate for Invalid Date was 4,5%. That means, we have seen a cost deceleration compared to the previous 12 months.
How has the inflation rate in Spirits and liqueurs changed over the last two years?
If we look back over a longer period, we see that Spirits and liqueurs year-on-year inflation has been averaging 5,7% over the past 2 years. The most recent year-on-year inflation rate for Invalid Date was 4,5%. That means, Spirits and liqueurs most recent year-on-year price inflation of 4,5% is below the average inflation rate of 6,3% over the past 2 years. The trend is down.
How does 4,5% in Spirits and liqueurs inflation compare historically? Has Spirits and liqueurs inflation been higher or lower historically?
How much did Spirits and liqueurs cost 1 year, 2 years, 5 years and 10 years ago?
| Period | Rand amount | Total Change |
|---|---|---|
| Current | 1 000 | - |
| 1 year ago | 957 | 4,5% |
| 2 years ago | 901 | 10,9% |
| 5 years ago | 776 | 28,9% |
| 10 years ago | 588 | 70,2% |
Costs relating to Spirits and liqueurs which cost R1,000 today would have cost you R957 one year ago, R901 two years ago, and R776 five years ago. This shows how the purchasing power of your money has declined over time due to inflation in Spirits and liqueurs prices.