Annual Consumer Price Inflation (CPI) has increased, expanding from 3.0% in February to 3.1% in March.
This according to Statistics South Africa’s (Stats SA) monthly CPI findings released on Wednesday morning.
Stats SA said the main contributors to the 3.1% rate were:
-housing and utilities (5,1% and contributing 1,2 percentage points);
-food and non-alcoholic beverages (3,6% and contributing 0,6 of a percentage point), and
-insurance and financial services (4,6% and contributing 0,5 of a percentage point)
“In March 2026, the annual inflation rate for goods was 1.8%, down from 1.9% in February 2026, and services were 4.2%, up from 3,8% in February 2026,” Stats SA said in brief key findings.
This according to Statistics South Africa’s (Stats SA) monthly CPI findings released on Wednesday morning.
Stats SA said the main contributors to the 3.1% rate were:
-housing and utilities (5,1% and contributing 1,2 percentage points);
-food and non-alcoholic beverages (3,6% and contributing 0,6 of a percentage point), and
-insurance and financial services (4,6% and contributing 0,5 of a percentage point)
“In March 2026, the annual inflation rate for goods was 1.8%, down from 1.9% in February 2026, and services were 4.2%, up from 3,8% in February 2026,” Stats SA said in brief key findings.
