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 Building a Resilient and Intelligent African Trade Ecosystem Jessica Gounden, Head of Trade and Working Capital Operations (Pan Africa) at Absa CIB, examines how Absa’s digitisation strategy is transforming trade in Africa by embedding automation, control and AI-driven risk management into its operations, while placing the client at the heart of this transformation Read more RISK MANAGEMENT The impact of trade wars on African FX volatility Gerald Katsenga, Head of Global Markets Corporate Sales at Absa Regional Operations, offers a foreign exchange response to US tariffs and global trade wars. Read more RISK MANAGEMENT Africa’s Payments Landscape: A Continuous Digital Revolution Africa is leading a global digital payments revolution as the continent continues its transition from an historic dependency on cash-based transactions towards a future characterised by digital payments. This growth is being driven by the need for instant, real-time, seamless experiences like enhanced cross-border transactions, contactless payments and digital wallets. Read more