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3 years ago
What is happening with inflation, and what does it mean for wage negotiations?
The trade union negotiator’s checklist for dealing with inflation in wage increases.
Tag: inflation
Inflation Monitor | March 2022
The headline annual inflation rate increased to 5.9% in March 2022, from 5.7% in February 2022. The Consumer Price Index (CPI) increased by 1.0% month-on-month in March 2022.
Inflation Monitor | February 2022
Annual consumer inflation held steady at 5. 7% in February 2022, unchanged from January. But food and transport prices put upward pressure on the monthly rate, with the Consumer Price Index (CPI) for the goods increasing by 0.6% between January and February.
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3 years ago
How to build a wage demand and calculate percentages and money amounts
This wage bargaining guide is for negotiators in all kinds of bargaining environments.
Inflation Monitor | January 2022
The Consumer Price Index eased to 5.7% in January of 2022, from a near five-year high of 5.9% in December. Prices slowed for transport and health but rose faster for food, housing and utilities.
Inflation Monitor | December 2021
The annual consumer price inflation was 5.9% in December 2021, compared with 5.5% in November. It’s the highest recorded annual rate since March 2017, when it increased by 6.1%. Transport prices increased by a massive 16.8%, on the back of rising petrol and diesel prices.
Inflation Monitor | November 2021
The Consumer Price Index increased to 5.5% in November 2021, compared with 5% in October. That’s the biggest annual increase in almost 5 years. The transport category contributed the most to the inflation in November, recording an annual increase of 15%.
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4 years ago
Bargaining Benchmarks | December 2021
Five bargaining benchmarks every trade union negotiator should know. The benchmarks will help you to enter bargaining processes as an informed role player.
Inflation Monitor | October 2021
The Consumer Price Index came out unchanged at 5% compared to September. Food and transport costs are the biggest contributors to the rate, with the transport index increasing by 10.9% in October 2021 compared with October 2020. And the SARB has raised its main lending rate by 25 basis points to 3.75%, meaning the prime lending rate of commercial banks will increase to 7.25%.
Inflation Monitor | September 2021
The headline inflation rose to 5% in September 2021 from 4.9% in August 2021. Food inflation is 7%, electricity 14%, and fuel almost 20%, with a large petrol price increase expected in November.
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