Inflation Rate 2024 In Sa. 5.2% the consumers price index (cpi) measures the rate of price change of goods and services purchased by households. Recent data provide a complete overview of how consumer inflation behaved in 2023.
This is the inflation index data, from stats sa, used by the calculator. International monetary fund, international financial statistics and data files.
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 current inflation rate in south africa is 5.09%, which is calculated based on cpi (consumer price index) values for the last 12 months ending in may 2024.
South Africa Experienced Consistently High Inflation Rates From 2013 To 2022.
In 2024, the absorption rate of young men was 31,9%, outpacing young women, whose rate stood at 24,2%.
Inflation Rate 2024 In Sa Images References :
Read More About The Inflation Drivers And Economic Implications.
5.2% the consumers price index (cpi) measures the rate of price change of goods and services purchased by households.
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A core inflation rate of around 4.5% would argue strongly in favour of the reserve bank starting the interest rate cutting cycle, especially since the repo rate is well above inflation at 8.25%.
