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Reserve Bank Inflation Target

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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
2 min read
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)
BUSINESS

Food inflation hits 14-year low in November

Annual consumer inflation edged up slightly to 2.9% from 2.8% in October

  • Anathi Madubela
2 min read
File photo by Delwyn Verasamy/M&G
CONSUMER INFLATION AUGUST 2024

Inflation dips to 4.4% in August, fuelling hopes for interest rate cut

Inflation slowed for a third consecutive month, to the lowest it has been since April 2021.

  • Anathi Madubela
2 min read