Arabile Gumede explains what consumer price index is
Stats SA has published its latest Consumer Price Index (CPI), with annual consumer inflation easing to 4.9% in June after a 30-month high of 5.2%.
It's the growth in prices. Or explained in another way, it's the rise in the price of goods and services. So whenever something has cost you R100, and next year it costs you R120. That R20 difference is inflation.Arabile Gumede, Money Minute
Arabile Gumede explains CPI
If Joburg is South Africa’s heart, then 947 is its racing pulse. 947 keeps listeners connected to the city, engaged with the boldest personalities and moving to the biggest hits – all day and all night. 947 is all about having fun in Joburg. Our job is to make our audience laugh and to give them a lift. As a station, we also have a passion for changing lives in Joburg by amplifying the generosity of its people.
Our music playlist features the familiar, energetic tunes you want to sing along to.