2024 Inflation Rate South Africa Chart

2024 Inflation Rate South Africa Chart. Consumer price index cpi in south africa averaged 32.74 points from 1960 until 2024, reaching an all time high of 116.10 points in september of 2024 and a record low of 1.20 points in february of 1960. Despite the slow deceleration in cpi, it is still projected to remain at an.

South africa’s annual inflation rate eased for the third month to 4.4% in august 2024, down from 4.6% in the prior month and below the expected 4.5%. Inflation as measured by the consumer price index reflects the annual percentage change in the cost to the average consumer of acquiring a basket of goods and.