Inflation Rate 2024 Sa. Annual consumer inflation increased for a third consecutive month in october, verging on the upper limit of the south african reserve. South africa’s inflation rate rose for the first time in three months in january on the back of higher fuel and food prices.
The 2022 average figure was 6.9%. The rate has held its ground between 5% and 6% since september 2023.
International Monetary Fund, International Financial Statistics And Data Files.
The current inflation rate in south africa is 5.09%, which is calculated based on cpi (consumer price index) values for the last 12 months ending in may 2024.
Inflation Eases For A Second Consecutive Month.
Product categories that drove much of the upward.
Inflation Rate 2024 Sa Images References :
Annual Consumer Price Inflation Pulled Back In December, Easing To 5,1% From 5,5% In November And 5,9% In October.
International monetary fund, international financial statistics and data files.
To Calculate Cumulative Rates Between Two.
The graph above displays annual inflation rates in south africa for calendar years from 1958 to 2023.
