Current Inflation Rate 2024 South Africa. The 2022 average figure was 6.9%. South africa’s inflation rate rose for the first time in three months in january on the back of higher fuel and food.
Consumer inflation cooled in march. Inflation rate in south africa decreased to 5.20 percent in april from 5.30 percent in march of 2024.
In April 2024, The Monthly Inflation Rate Was 0.26.
Annual consumer price inflation pulled back in december, easing to 5,1% from 5,5% in november and 5,9% in october.
Headline Inflation Fell To 5.3% Year On Year From 5.6% In February (Zacpiy=Eci), Data From The Statistics Agency Showed On Wednesday, Compared To 5.4% Predicted By Analysts.
The rate has held its ground between.
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South Africa’s Central Bank Is Poised To Maintain Its High Benchmark Interest Rate At 8.25%, Navigating Political Uncertainty Following The Nation’s Closest Election In Three Decades.
Consumer inflation cooled in march.
From An Estimated Average Of 5.8% This Year, Inflation Is Expected To Decline To 5.0% Next Year And 4.5% In 2025, According To The Median Forecasts Of 19 Economists Polled From.
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