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 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. Read more 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. Read more 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 Read more