2024 Inflation Rate South Africa. Core inflation rate in south africa averaged 4.67 percent from 2009 until 2024,. This is the lowest inflation print since march 2021, when the rate was 3,2%.

Annual consumer price inflation pulled back in december, easing to 5,1% from 5,5% in november and 5,9% in october. Headline inflation is expected to have eased for the second consecutive month in may, to 6,7% yoy from 6,8% in april.