Current Inflation Rate 2024 South Africa Pdf. South africa’s consumer inflation for may remained unchanged at 5.2% year on year. The december release concludes the results for 2023.
Positive sentiment toward the rand could help contain inflation, which was at 5.2% in april. The south african reserve bank (sarb) wants to see inflation fall to 4.5%, the midpoint of its target band, and has kept its main interest rate at its highest level.
The South African Reserve Bank (Sarb) Wants To See Inflation Fall To 4.5%, The Midpoint Of Its Target Band, And Has Kept Its Main Interest Rate At Its Highest Level.
The average inflation rate for the year was 6,0%, lower than 2022’s 6,9%.
The Average Annual Inflation Rate For 2020 Was 3,3%.
This is the lowest annual average rate since 2004 (1,4%) and the second lowest since 1969 (3,0%).
In The 12 Months To.
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The Average Annual Inflation Rate For 2020 Was 3,3%.
The headline rate was 6,8% in april 2023.
Positive Sentiment Toward The Rand Could Help Contain Inflation, Which Was At 5.2% In April.
South africa’s consumer inflation for may remained unchanged at 5.2% year on year.
Annual Consumer Inflation Slowed To 6,8% In April From 7,1% In March.