Inflation Rate In South Africa 2024 November

Inflation Rate In South Africa 2024 November. South africa’s annual inflation rate fell below 4% for the first time in more than three years, bolstering the case for policymakers to continue cutting rates. 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.

The annual change in the consumer price index (cpi) was 5,1% in june, down from 5,2% in may. Annual consumer price inflation pulled back in december, easing to 5,1% from 5,5% in november and 5,9% in october.