Current Inflation Rate 2024 South African. South africa inflation rate for 2021 was 4.61%, a 1.4% increase from 2020. Posted on may 23, 2024 facebook twitter linkedin.
In april 2024, the monthly inflation rate was 0.26. South africa core inflation rate.
South Africa Core Inflation Rate.
South africa core inflation rate.
The 2022 Average Figure Was 6.9%.
South africa’s headline inflation rate eased for the second consecutive month in april 2024, falling to 5.2% from 5.3% in march.
The Bar For A Rate Cut Has Not Been Cleared Yet, Said Nicky Weimar, Nedbank Group Ltd.’s Chief Economist.
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Inflation Expectations In South Africa Decreased To 5.33 Percent In The First Quarter Of 2024 From 5.69 Percent In The Fourth Quarter Of 2023.
The bar for a rate cut has not been cleared yet, said nicky weimar, nedbank group ltd.’s chief economist.
South Africa Inflation Rate For 2020 Was 3.21%, A 0.91% Decline From 2019.
As a reminder, in their second gathering of the year in late march, the central bank elected to keep the repo rate at 8.25% while the current prime lending rate stayed at 11.75%.
The Table Below Contains Annual Inflation Rates In South Africa From 1958.