Inflation Rate 2024 South Africa

Inflation Rate 2024 South Africa. In south africa, the consumer price index or cpi measures changes in the prices paid by consumers for a basket of goods and services. South africa inflation rate for 2022 was 7.04%, a 2.43% increase from 2021.

South africa’s inflation rate has reached its lowest point in three years, according to data from the national statistics agency, statssa. Most municipalities implement tariff increases in july.