Cpi Index 2024 South Africa Breakdown. Cpi goes up in february of 2023. Inflation measured by consumer price index (cpi) is defined as the change in the prices of a basket of goods and services that are typically purchased by specific groups of households.

For south africa, the cpi shows how the average price level of all those goods and services (a fixed basket of goods and services) bought by a typical consumer or household. It is a key way to measure changes in purchasing trends and inflation.