Current Inflation Rate South Africa 2024. Annual consumer price inflation pulled back in december, easing to 5,1% from 5,5% in november and 5,9% in october. Inflation was softer in the second half of 2023 the december release concludes the results for 2023.
Inflation still expected around 5.0% y/y for cpi this year. The rate has held its ground between 5% and 6% since september 2023.
Inflation Expectations In South Africa Decreased To 5.33 Percent In The First Quarter Of 2024 From 5.69 Percent In The Fourth Quarter Of 2023.
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South Africa’s Headline Inflation Rate Eased For The Second Consecutive Month In April 2024, Falling To 5.2% From 5.3% In March.
The monthly change in the consumer price index (cpi) was 0,8%.
South Africa Inflation Rate For 2022 Was 7.04%, A 2.43% Increase From 2021.
Images References :
Historical Annual Inflation Rates From 1958.
Economy grew more slowly in the first quarter than previously estimated after downward revisions to consumer spending and a key measure of inflation ticked down, keeping the federal.
The Monetary Policy Committee Of The South African Reserve Bank Has Decided To Keep The Repo Rate Unchanged Again At 8.25%.
South africa inflation rate for 2021 was 4.61%, a 1.4% increase from 2020.
The Rand Has A Direct Influence On Prices In Sa, Through Both Fuel And Food Costs.