The Consumer Price Index (CPI) for East London for April came in at 6.9% year-on-year (y/y) substantially above the national figure of 6.1% but below the 7.1% recorded for the Eastern Cape as a whole.
The CPI for Port Elizabeth y/y was 5.9%.
Figures released by Statistics South Africa show that that the CPI for food in the Eastern Cape increased by 10% y/y and by 1.1% month-on-month (m/m).
Major contributors to this hike y/y were bread and cereals that in-creased by 12.5%, fruit (17.1%) and fish (11.2%).
Food and non-alcoholic beverages CPI in East London rose by 8.5% y/y with the figure for the province as a whole 9.5% and that for Port Elizabeth 7.9% – month-on-month food and non-alcoholic beverages inflation actually dropped by 0.1% in Port Elizabeth.
CPI in the Eastern Cape for petrol increased by 20% and for public transport by 26.5%.
The CPI for East London y/y, excluding food and non-alcoholic beverages increased by 6.7% as against 6.4% for the Eastern Cape as a whole and 5.5% for Port Elizabeth, while for all urban areas in the province CPI its increased by 6.3%.
The CPI for East London, excluding housing came in at 6.8% y/y, as against 7.1% for the Eastern Cape and 5.6% for Port Elizabeth.
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