Inflation in South Africa sky-rockets to 10-month high
Headline consumer price inflation in South Africa rose to 3.5% in July from 3.0% in June, reaching its highest level since September 2024 due to rising food and fuel prices.
Headline consumer price inflation in South Africa rose to 3.5% in July from 3.0% in June, reaching its highest level since September 2024 due to rising food and fuel prices.
South Africa’s consumer inflation remained at 3.2% in February, with food and medical costs rising. Here’s what that means for consumers.
South Africa’s consumer inflation hit a new low at 2.8% in October 2024. Here’s what this means for the average household.
Statistics South Africa’s latest report reveals a drop in consumer price inflation to 3.8% in September 2024.
A lower inflation rate means that the prices of goods and services are not increasing as quickly, which can have several positive effects on everyday life.
The headline inflation rate for all urban areas in South Africa dropped to 5.2% in April 2024, down from 5.3% in March 2024.
In August, the annual inflation rate for goods reached 5.6%, slightly up from the 5.5% observed in July.