Pricing Review: Consumer prices rally cools down

From the newsletter

Consumer prices in the electric mobility sector have increased by 0.35% in the past month as measured by the change in prices in a representative basket of products tracked by Mobility Rising. They include relevant vehicle categories, consumer financing costs and charging prices. Prices are collected by our data analysts in East, West, North and southern Africa. 

• The Mobility Rising Price Index increased from 1,111.16 in October to 1,115.08 in November. It marks a slowdown in the sector’s price rally, which hit 11.38% in the previous month.   

• This month’s increase was driven by a steady rise in vehicle prices in Nigeria, while prices in Kenya, Egypt and South Africa remained stable.  

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