Sugar, confectionery and desserts inflation analysis for Jan 2025
Sugar, confectionery and desserts key statistics
What is happening to Sugar, confectionery and desserts prices? 📈
Speeding Up or Slowing Down?
Year-on-year Sugar, confectionery and desserts inflation rate vs CPI headline
Highlights
What happened to Sugar, confectionery and desserts prices over the last twelve months?
Sugar, confectionery and desserts prices have increased by 5,7% over the last 12 months. This compares to overall consumer inflation (as measured by CPI) of 3,2%.
How does Sugar, confectionery and desserts 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% |
Sugar, confectionery and desserts ranks 6 out of 31 major sectors, with a 5,7% price increase over the past 12 months. This is above the overall consumer price inflation rate of 3,2%, indicating that Sugar, confectionery and desserts prices are rising faster than most other consumer goods and services.
Is Sugar, confectionery and desserts price inflation accelerating or slowing down?
What was the inflation rate in Sugar, confectionery and desserts in previous month?
Previous, year-on-year inflation in Sugar, confectionery and desserts came in at 6,8% (Invalid Date). The most recent year-on-year inflation rate for Invalid Date was 5,7%. That means, we have seen a cost deceleration compared to the previous 12 months.
How has the inflation rate in Sugar, confectionery and desserts changed over the last two years?
If we look back over a longer period, we see that Sugar, confectionery and desserts year-on-year inflation has been averaging 13,1% over the past 2 years. The most recent year-on-year inflation rate for Invalid Date was 5,7%. That means, Sugar, confectionery and desserts most recent year-on-year price inflation of 5,7% is below the average inflation rate of 8,7% over the past 2 years. The trend is down.
How does 5,7% in Sugar, confectionery and desserts inflation compare historically? Has Sugar, confectionery and desserts inflation been higher or lower historically?
How much did Sugar, confectionery and desserts cost 1 year, 2 years, 5 years and 10 years ago?
| Period | Rand amount | Total Change |
|---|---|---|
| Current | 1 000 | - |
| 1 year ago | 946 | 5,7% |
| 2 years ago | 798 | 25,3% |
| 5 years ago | 662 | 51,1% |
| 10 years ago | 437 | 128,6% |
Costs relating to Sugar, confectionery and desserts which cost R1,000 today would have cost you R946 one year ago, R798 two years ago, and R662 five years ago. This shows how the purchasing power of your money has declined over time due to inflation in Sugar, confectionery and desserts prices.