Inflation Rate 2024 South Africa 2024 In

Inflation Rate 2024 South Africa 2024 In. The consumer price index (cpi) increased by 2,8% in the 12 months to october 2024. South africa’s annual inflation rate fell for the second month to 4.6% in july 2024, the softest in three years, down from 5.1% in the prior month and edging closer to the central bank's.

Analysts expect the lowest inflation rate among the three social groups over the. Annual consumer inflation cooled for a fourth consecutive month, easing to 3,8% in september from 4,4% in august.