2024 Inflation Rate South Africa 2024

2024 Inflation Rate South Africa 2024. The current inflation rate in south africa is 4.40%, which is calculated based on cpi (consumer price index) values for the last 12 months ending in august 2024. The sarb’s primary indicator of underlying inflation is core inflation and this has since april.

South africa inflation rate for 2023 was 6.07%, a 0.97% decline from 2022. The july inflation print is the lowest in three years since july 2021, when the rate was also 4,6%.