MONEY SMART WEEK SOUTH AFRICA

Become more educated
about your finances | Inflation

peter-worthington-author

Peter Worthington

Senior Economist

SHARE
Facebook
Twitter

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-author
Peter Worthington

Senior Economist

Related Articles

RISK MANAGEMENT

Black Friday: Retail’s Untold FX Story

Behind the Black Friday deals and festive season sales there’s an untold story of how retailers need to mitigate their foreign exchange risk.

TRADE AND WORKING CAPITAL

A bridge over troubled waters, how digitalisation will close the African trade finance gap, further ESG and empower SMEs

Europe remains one of the most important continents for trade with Africa, but recent years have seen a decline relative to other regions, with a notable uptick in flows from China and MEA regions.

AWARDS

Voted Overall Best Service Function in Africa

We are proud to be voted Overall Best Service Business Function in Africa with multiple recognition accolades from the Euromoney Cash Management Survey 2023