2024 Inflation Rate South Africa Graph. The annual producer price inflation in south africa remained unchanged at 4.6% in june 2024, same as the previous month. Interest rates are likely to drop further from here as global inflation moderates and monetary authorities around the world start to lower interest rates in response.
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. Consumer inflation slowed for a third consecutive month, cooling to 4,4% in august from 4,6% in july.
2024 Inflation Rate South Africa Graph Images References :