Current Inflation Rate 2024 South Africa. South africa’s headline inflation rate eased for the second consecutive month in april 2024, falling to 5.2% from 5.3% in march. The inflation rate is based.
The rate has held its ground between 5% and 6% since. International monetary fund, international financial statistics and data files.
South Africa's Consumer Inflation Fell Slightly More Than Expected In March, But Analysts Said The Central Bank Was Unlikely To Start Cutting Interest Rates For Some.
The inflation rate is based upon the consumer price index (cpi).
Annual Consumer Inflation Increased For A Third Consecutive Month In October, Verging On The Upper Limit Of The South African Reserve Bank’s Inflation Target Range.
The average inflation rate for the year was 6,0%, lower than 2022’s 6,9%.
South Africa’s Economic Growth Outlook For 2024, At 1.0% Y/Y, Is Stronger Than 2023’S Likely 0.5% Y/Y Outcome, With 2024 Expected To See The Start Of An Interest Rate Cutting Cycle, As Well As Lower Inflation On Average, And.
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South Africa Inflation Rate Was At Level Of 5.3 % In March 2024, Down From 5.6 % Previous Month.
Consumer inflation accelerates to 5,9%.
Core Consumer Prices In South Africa Increased 4.60 Percent In April Of 2024 Over The Same Month In The Previous Year.
Following inflation rates are available for south africa:
South Africa’s Economic Growth Outlook For 2024, At 1.0% Y/Y, Is Stronger Than 2023’S Likely 0.5% Y/Y Outcome, With 2024 Expected To See The Start Of An Interest Rate Cutting Cycle, As Well As Lower Inflation On Average, And.