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 DEALS Banking on local growth with a world-class resort Together with Collins Consortium Group, we are driving tourism, sustainability, and economic growth through South Africa’s first Club Med resort. Read more RISK MANAGEMENT Opening East Africa For Investment We’re excited to announce a significant milestone in our journey as a Pan-African Corporate and Investment Bank. Absa CIB now offers Direct Market Access to the Nairobi Securities Exchange (NSE), a move that opens up global investment opportunities in East Africa. Read more RISK MANAGEMENT Nairobi Securities Exchange unlocks regional access The Nairobi Securities Exchange Plc (NSE) is pleased to announce the successful execution of trades on 31st July 2025 under the Sponsored Access arrangement between Absa Securities Limited (Kenya) and Absa Bank South Africa. Read more