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 Should you invest in gold? Does gold warrant a place in a diversified investment portfolio? Michael Mgwaba, Head of Exchange Traded Products at Absa CIB, ran the numbers to find a definitive answer to the age-old debate. Read more VIDEO What Motivates and Inspires Women in Banking? The financial services space is a dynamic, challenging and rewarding environment – and women bring unique perspectives to the space. Three of our colleagues from the Absa CIB Global Markets team – Head of Financial Engineering Joanne Hobbs, Head of Structured Trading Zine Misani and XVA Trader Moshabele Modise – share what motivates and inspires them as women in the industry. Read more PUBLIC SECTOR Africa’s mineral wealth must fuel its own factories, not the world’s To escape the trap of raw mineral exports, Africa must build a regionally integrated beneficiation and manufacturing ecosystem, powered by the AfCFTA and a new industrial hub-and-spoke model Read more