Yes, inflation is at a 40-year high, but you might not be feeling its sharp bite. It all depends on where you spend your money. The Consumer Price Index is a basket of thousands of goods and services.

If your business makes investments in equipment and employee benefit contributions, you may need to track the average annual rate of return over a span of time for financial reporting obligations.

With the official inflation rate at 2.8%, consumers may be asking themselves how this is possible because their experience at the till point belies the number recently put out by Statistics South ...