Average Inflation Rate South Africa 2024

Average Inflation Rate South Africa 2024. The consumers price index (cpi) measures the rate of price change of goods and services purchased by households. Consumer inflation cooled in march.

The monetary policy committee will find it very hard now to deny south africa consumers a repo rate cut with inflation at 4.6%. Core consumer prices in south africa increased 4.30 percent in july of 2024 over the same month in the previous year.