Nearly all of the goods and services product categories experienced price inflation over the past few years — with some exceptions occurring in the durable goods category. Recreational and entertainment goods’ prices have dropped by 9.7% p.a. over the past five years, while computers and related equipment prices have shown a decline of 8.5% p.a. The categories in which prices rose the fastest, include household, fuel, power and water (10.9% p.a.) and petroleum products (10.3% p.a.).
Subscribers to EasyData can download the complete report in PDF format on www.easydata.co.za.