Wine inflation analysis for Jan 2025
Wine key statistics
What is happening to Wine prices? 📈
Speeding Up or Slowing Down?
Year-on-year Wine inflation rate vs CPI headline
Highlights
What happened to Wine prices over the last twelve months?
Wine prices have increased by 3,8% over the last 12 months. This compares to overall consumer inflation (as measured by CPI) of 3,2%.
How does Wine 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% |
Wine ranks 13 out of 31 major sectors, with a 3,8% price increase over the past 12 months. This is above the overall consumer price inflation rate of 3,2%, indicating that Wine prices are rising faster than most other consumer goods and services.
Is Wine price inflation accelerating or slowing down?
What was the inflation rate in Wine in previous month?
Previous, year-on-year inflation in Wine came in at 3,7% (Invalid Date). The most recent year-on-year inflation rate for Invalid Date was 3,8%. That means, we have seen a cost acceleration compared to the previous 12 months.
How has the inflation rate in Wine changed over the last two years?
If we look back over a longer period, we see that Wine year-on-year inflation has been averaging 6,1% over the past 2 years. The most recent year-on-year inflation rate for Invalid Date was 3,8%. That means, Wine most recent year-on-year price inflation of 3,8% is below the average inflation rate of 6,0% over the past 2 years. The trend is up.
How does 3,8% in Wine inflation compare historically? Has Wine inflation been higher or lower historically?
How much did Wine cost 1 year, 2 years, 5 years and 10 years ago?
| Period | Rand amount | Total Change |
|---|---|---|
| Current | 1 000 | - |
| 1 year ago | 963 | 3,8% |
| 2 years ago | 901 | 11,0% |
| 5 years ago | 757 | 32,1% |
| 10 years ago | 545 | 83,5% |
Costs relating to Wine which cost R1,000 today would have cost you R963 one year ago, R901 two years ago, and R757 five years ago. This shows how the purchasing power of your money has declined over time due to inflation in Wine prices.