Current Inflation Rate South Africa 2024

Current Inflation Rate South Africa 2024. The consumers price index (cpi) measures the rate of price change of goods and services purchased by households. It measures changes in the average level of prices over a.

Africa economist yvonne mhango said a firmer rand and fall in fuel prices are reining in south africa’s annual inflation faster than expected, bringing the first rate cut closer. The cpi inflation rates in the table are presented both on a monthly basis (compared to the month before) as well as on a yearly basis (compared to the same month the year.