South Africa Inflation Rate 2024. The current inflation rate in south africa is 5.31%, which is calculated based on cpi (consumer price index) values for the last 12 months ending in march 2024. January 25, 2024 at 5:13 am pst.
Inflation rate in south africa decreased to 5.30 percent in march from 5.60 percent in february of 2024. Inflation was softer in the second half of 2023.
The Current Inflation Rate In South Africa Is 5.31%, Which Is Calculated Based On Cpi (Consumer Price Index) Values For The Last 12 Months Ending In March 2024.
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.
Inflation, Gdp Deflator (Annual %) In South Africa Was Reported At 4.7595 % In 2022, According To The World Bank Collection Of.
The median results of the poll predict that inflation will drop from an average of 5.8% in 2023, to 5.0% in 2024, and 4.5% in 2025.
Meanwhile, Core Inflation Fell To 4.9% In March, From February’s 5.0%.
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South Africa Inflation Rate Was At Level Of 5.4 % In January 2024, Up From 5.2 % Previous Month.
The south african reserve bank (sarb) targets inflation between 3% and 6%.
The Median Results Of The Poll Predict That Inflation Will Drop From An Average Of 5.8% In 2023, To 5.0% In 2024, And 4.5% In 2025.
South africa’s inflation rate rose for the first time in three months in january on the back of higher fuel and food prices.