Consumer Price Index South Africa

latest news & developments

The consumer price index decreased by 0.1% month-on-month in August, after increasing by 0.9% in July.

Inflation ticks up to 3% in June on the back of higher food prices

The rate is still within the Reserve Bank’s target range and supports the case for a further rate cut in the upcoming meeting, economists say

Aarti Bhana

Annual consumer inflation was unchanged at 3.2% in February at 3.2%, with increases registered in housing and utilities, food and alcoholic beverages and restaurants and accommodation offset by decreases in the services sector, Statistics South Africa said on Wednesday.
(Guillem Sartorio/Bloomberg via Getty Images)

2024 AVERAGE CONSUMER PRICE INFLATION

Inflation edges up to 3% in December

Economists expect 2025 inflation to average at 4.5%

Aarti Bhana