Row rect Shape Decorative svg added to bottom MONEY SMART WEEK SOUTH AFRICA Become more educated about your finances | Inflation Absa | Corporate and Investment Banking > Insights and Events > Become more educated about your finances | Inflation Peter Worthington Senior Economist SHARE Inflation is the overall rise in the prices of all the goods and services that you buy as a consumer. The inflation rate is the annual percentage change in the weighted average price level, which we call the consumer price index, or CPI. Join Peter Worthington from Absa Corporate and Investment Banking as he simplifies this complicated concept. Inflation means an overall rise in the prices of all the goods and services that you buy as a consumer. The inflation rate is the annual percentage change in the weighted average price level, which we call the consumer price index, or CPI. Join Peter Worthington from Absa Corporate and Investment Banking as he simplifies this complicated concept. Peter Worthington Senior Economist https://cib.absa.africa/wp-content/uploads/2020/07/file_example_MP3_700KB.mp3 Related Articles RISK MANAGEMENT Meeting the New Demands of Pension Fund Custody in Africa The appointment of Absa as Master Custodian to South Africa's Government Employees Pension Fund (GEPF) has understandably attracted attention within institutional investment circles. Read more PRESS RELEASE Absa Appointed Master Custodian to the Government Employees Pension Fund Absa has been appointed Master Custodian to the Government Employees Pension Fund (GEPF), Africa’s largest pension fund with more than A R3 trillion pension worth assets under management. Read more EVENT Absa Africa Financial Markets Index (AFMI) 2026 Launch Join us for the launch of the 10th edition of the Absa Africa Financial Markets Index (AFMI), a milestone edition marking a decade of tracking the development of financial markets across Africa. Read more