Average Inflation Rate South Africa 2024. Annual consumer price inflation was 5,2% in may, unchanged from april. The most recent value is 116 index points as of august 2024, an increase compared to the previous.
South africa’s annual inflation rate eased for the third month to 4.4% in august 2024, down from 4.6% in the prior month and below the expected 4.5%. The monthly change in the consumer price index (cpi) was 0,2%.