Inflation Rate 2024 South Africa. South africa historical inflation rates. The current inflation rate in south africa is 5.10%, which is calculated based on cpi (consumer price index) values for the last 12 months ending in april 2024.
Annual consumer inflation increased for a third consecutive month in october, verging on the upper limit of the south african reserve bank’s inflation target range. The graph above displays annual inflation rates in south africa for calendar years from 1958 to 2023.