Current Inflation Rate South Africa 2024. Inflation, consumer prices (annual %) in south africa was reported at 6.0739 % in 2023, according to the world bank collection of development indicators, compiled from officially recognized sources. It was the lowest reading since late 2021.

Core inflation rate in south africa is expected to be 4.30 percent by the end of this quarter, according to trading economics global macro models and analysts expectations. Inflation was softer in the second half of 2023.