Current Inflation Rate South Africa 2024. South africa’s annual inflation rate eased for the third month to 4.4% in august 2024, down from 4.6% in the prior month and below the expected 4.5%. Core consumer prices in south africa increased 4.10 percent in august of 2024 over the same month in the previous year.

From an estimated average of 5.8% this year, inflation is expected to decline to 5.0% next year and 4.5% in 2025, according to the median forecasts of 19. Core inflation rate in south africa is expected to be 4.30 percent by the end.