Inflation Rate 2024 South Africa 2024 Today. The current inflation rate in south africa is 4.40%, which is calculated based on cpi (consumer price index) values for the last 12 months ending in august 2024. In august 2024, the monthly inflation rate was 0.09.
South africa’s inflation rate fell for a second straight month, giving the central bank food for thought on the eve of its policy decision that’s expected to keep borrowing costs. South africa’s inflation rate rose for the first time in three months in january on the back of higher fuel and food prices.