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 Payments White Paper 2025 Africa’s payment landscape is undergoing a profound transformation, driven by digital innovation, regional integration efforts, and evolving geopolitical dynamics. Read more RISK MANAGEMENT The gold standard in digital asset custody Robyn Lawson, Head of Digital Product: Custody at Absa CIB, unpacks the technology underpinning Absa’s new digital asset custody solution, offered in partnership with Ripple. Read more RISK MANAGEMENT The Critical Role of Banks in Unlocking PPP Success Bakang Letshwiti, Head of Public Sector Coverage and Pulana Mokwele, Coverage Banker, Absa CIB, explain how public–private partnerships can be leveraged to overcome South Africa’s infrastructure-funding crisis and unpack the vital role banks play in making those collaborations effective. Read more