Current Inflation Rate 2024 South Africa 2024. Recent data provide a complete overview of how consumer inflation behaved in 2023. The graph above displays annual inflation rates in south africa for calendar years from 1958 to 2023.
Core consumer prices in south africa increased 4.90 percent in march of 2024 over the same month in the previous year. We now expect that the region’s economy will slow less than we previously projected as inflation.
Umkhonto Wesizwe (Mk) Jacob Zuma.
Inflation was softer in the second half of 2023 the december release concludes the results for 2023.
Inflation Eases For A Second Consecutive Month.
Investec expects consumer inflation to average 4.5% in 2024, which is below the sa reserve bank’s forecast of 5%.
Inflation Rate In South Africa Decreased To 5.30 Percent In March From 5.60 Percent In February Of 2024.
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Annual Consumer Inflation Quickened In February, Rising To 5,6% From 5,3% In January And 5,1% In December.
The graph above displays annual inflation rates in south africa for calendar years from 1958 to 2023.
Investec Expects Consumer Inflation To Average 4.5% In 2024, Which Is Below The Sa Reserve Bank’s Forecast Of 5%.
Core consumer prices in south africa increased 4.90 percent in march of 2024 over the same month in the previous year.