South Africa Consumer Price Index (CPI) y/y

South African CPI y/y reflects changes in the prices of goods and services from the consumer perspective in the reported month compared to the same month a year ago. The CPI is a key indicator of the economy. It is calculated as a change in the value of goods and services included in a fixed consumer basket.

A higher than expected reading is considered positive for ZAR quotes, while lower readings are considered negative.