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 Absa Instant Payments White Paper Africa is seeing remarkable growth in the number of instant payment services offered to businesses and consumers. Read more RISK MANAGEMENT Focused on FX, Issue 2 Absa’s award-winning foreign exchange experts share their insights around trade tensions, emerging market currencies, and cross-border payment innovations in the second issue of our Focused on FX newsletter. Download our latest newsletter to read their analysis. Read more RISK MANAGEMENT Africa Digital Assets Report 2025 The future of digital assets will be built on trust. Across Africa, digital assets are accelerating from speculative hype to real institutional utility. But while the demand is rising, confidence has not yet caught up. Read more