South African Inflation Rate 2024. South africa experienced an average inflation rate of 7.51% between 1958 and 2024. Consumers have seen relief for staples such as food and gas.
While this is well within the sarb’s target range of 3% to. The south african rand extended its gains on friday, as a surprisingly soft u.s.
The Current Inflation Rate In South Africa Is 5.09%, Which Is Calculated Based On Cpi (Consumer Price Index) Values For The Last 12 Months Ending In May 2024.
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Based Upon The Consumer Price Index And South African Rand Official Data Publications.
R100 in 1958 is now equivalent to r11,926.76 in 2024.
South African Inflation Rate 2024 Images References :
South African Reserve Bank Governor Lesetja Kganyago Announced That The Central Bank’s Monetary Policy Committee Would Keep The Repo Rate On Hold At 8.25%,.
South africa’s inflation rate rose for the first time in three months in january on the back of higher fuel and food prices.
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 statistics office has released new estimates of the retail price index (rpi) and the annual inflation rate for q2, 2024.