Consumer Price Index CPI in South Africa increased to 102.40 points in June from 102.10 points in May of 2025. This dataset provides the latest reported value for - South Africa Consumer Price Index (CPI) - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Key information about South Africa Consumer Price Index CPI growth

• South Africa Consumer Price Index (CPI) growth was measured at 6.8 % YoY in Apr 2023, compared with a rate of 7.1 % in the previous month.
• South Africa Consumer Price Index growth data is updated monthly, available from Jan 1958 to Apr 2023, with an averaged number of 6.3 % YoY.
• The data reached an all-time high of 20.9 % YoY in Jan 1986 and a record low of -2.0 % YoY in Jan 2004.

CEIC calculates Consumer Price Index Growth from monthly Consumer Price Index. Statistics South Africa provides Consumer Price Index with base December 2021=100. Consumer Price Index covers Urban areas only as it is the official index used for inflation calculation in South Africa. Consumer Price Index Growth prior to January 2009 is sourced from the International Monetary Fund. [COVID-19-IMPACT]

Inflation Rate in South Africa increased to 3 percent in June from 2.80 percent in May of 2025. This dataset provides - South Africa Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

As of November 2023, the Consumer Price Index (CPI) in South Africa, an economic indicator providing information on the change of prices over time, was measured at 111.2 points regarding supplies and services. This is an increase of 5.2 points from the previous year.

In 2024, Zambia had the highest estimated inflation (Consumer Price Index) recorded in Southern Africa, at 15 percent. Lesotho and Zimbabwe followed with 6.4 and six percent, respectively.

Consumer Price Index (CPI) in South Africa, June, 2025 The most recent value is 102.4 index points as of June 2025, an increase compared to the previous value of 102.1 index points. Historically, the average for South Africa from January 2007 to June 2025 is 92.6068 index points. The minimum of 54.9 index points was recorded in January 2007, while the maximum of 124.2 index points was reached in December 2021. | TheGlobalEconomy.com

The latest inflation rate, i.e. the percent change in the CPI from a year ago to now, in South Africa was 2.34 percent. That number was released in . It shows an increase from the inflation rate in the previous month when it stood at 2.16 percent. Compared to a year ago, we see a decrease from...

Key information about South Africa Core CPI Change

• South Africa Core CPI Change was reported at 3.512 % in Jan 2025.
• This records a decrease from the previous number of 3.520 % for Dec 2024.
• South Africa Core CPI Change data is updated monthly, averaging 4.552 % from Jan 2009 to Jan 2025, with 193 observations.
• The data reached an all-time high of 8.457 % in May 2009 and a record low of 2.497 % in Mar 2021.
• South Africa Core CPI Change data remains active status in CEIC and is reported by CEIC Data.
• The data is categorized under World Trend Plus’s Global Economic Monitor – Table: Core CPI: Y-o-Y Growth: Monthly.

CEIC calculates Core Consumer Price Index Growth from monthly Core Consumer Price Index. Statistics South Africa provides Core Consumer Price Index Growth with base December 2024=100. Core Consumer Price Index covers Urban areas only as it is the official index used for inflation calculation in South Africa. Core Consumer Price Index excludes Food, Non Alcoholic Beverages, Petrol and Energy.

As of July 2024, the Consumer Price Index (CPI) in South Africa, an economic indicator providing information on the change of prices over time, was measured at 123.5 points regarding food products. This is symbolizing an increase of five points from the previous year.

Graph and download economic data for Consumer Price Index: OECD Groups: Energy (Fuel, Electricity, and Gasoline): Total for South Africa (CPGREN01ZAQ657N) from Q2 2002 to Q3 2023 about South Africa, fuels, electricity, energy, gas, CPI, price index, indexes, and price.

As of October 2024, the Consumer Price Index (CPI) headline rate in South Africa, an economic indicator providing information on the overall change in the price of goods and services purchased by households over time, was measured at *** points. This showed a decrease of *** point from the previous month. Since ************, the CPI headline rate has fluctuated, however, a decreasing trend can be observed from *************.

Graph and download economic data for Financial Market: Real Effective Exchange Rates: CPI Based for South Africa (CCRETT01ZAM661N) from Jan 1997 to Jun 2025 about South Africa, exchange rate, currency, CPI, manufacturing, real, rate, price index, indexes, and price.

South Africa Consumer Price Index (CPI): Weights: Education: Tertiary data was reported at 1.000 Per 100 in 2024. This stayed constant from the previous number of 1.000 Per 100 for 2023. South Africa Consumer Price Index (CPI): Weights: Education: Tertiary data is updated yearly, averaging 0.950 Per 100 from Jan 2009 (Median) to 2024, with 16 observations. The data reached an all-time high of 1.120 Per 100 in 2016 and a record low of 0.800 Per 100 in 2012. South Africa Consumer Price Index (CPI): Weights: Education: Tertiary data remains active status in CEIC and is reported by Statistics South Africa. The data is categorized under Global Database’s South Africa – Table ZA.I035: Consumer Price Index: Weights (Old Classification).

South Africa’s inflation has been quite stable for the past years, levelling off between 3.2 and 6.9 percent, and is in fact expected to stabilize at around 4.5 percent in the future. South Africa is a mixed economy, generating most of its GDP through the services sector, especially tourism. However, the country struggles with unemployment and poverty.

Inflation who?

The inflation rate of a country is an important key factor to determine the country’s economic strength. It is calculated using the price increase of a defined product basket, containing goods and services on which the average consumer spends money throughout the year. They include, for example, expenses for groceries, clothes, rent, utilities, but also recreational activities, and raw materials (e.g. gas, oil), as well as federal fees and taxes. Some of these goods are more volatile than others – food prices, for example, are considered less reliable. The European Central Bank aims to keep inflation at around two percent in the long run.

What happened in 2016?

In 2016, South Africa’s inflation rate peaked at over 6.3 percent, and gross domestic product, and thus economic growth , took a hit, a sure indicator that something was affecting the country’s economic scaffolding: Low growth due to weak demand and an uncertain political future caused a crisis; then-President Jacob Zuma’s alleged mismanagement and unstable reign steeped in controversy and criminal charges even caused the economy’s outlook to be downgraded by ratings agencies. Zuma was relieved of his office in 2018 – ever since, inflation, GDP, and economic growth seem to have stabilized.

SARB Forecast: Consumer Price Index: YoY data was reported at 5.400 % in 2020. This records a decrease from the previous number of 5.600 % for 2019. SARB Forecast: Consumer Price Index: YoY data is updated yearly, averaging 5.350 % from Dec 2017 (Median) to 2020, with 4 observations. The data reached an all-time high of 5.600 % in 2019 and a record low of 4.800 % in 2018. SARB Forecast: Consumer Price Index: YoY data remains active status in CEIC and is reported by South African Reserve Bank. The data is categorized under Global Database’s South Africa – Table ZA.I029: Consumer Price Index: Year on Year Growth: Forecast: South African Reserve Bank.

South Africa Consumer Price Index (CPI): Weights: Transport: Private Operation data was reported at 5.800 Per 100 in 2024. This stayed constant from the previous number of 5.800 Per 100 for 2023. South Africa Consumer Price Index (CPI): Weights: Transport: Private Operation data is updated yearly, averaging 5.600 Per 100 from Jan 2009 (Median) to 2024, with 16 observations. The data reached an all-time high of 6.900 Per 100 in 2016 and a record low of 4.490 Per 100 in 2012. South Africa Consumer Price Index (CPI): Weights: Transport: Private Operation data remains active status in CEIC and is reported by Statistics South Africa. The data is categorized under Global Database’s South Africa – Table ZA.I035: Consumer Price Index: Weights (Old Classification).

Graph and download economic data for Consumer Price Index: Miscellaneous Goods and Services (COICOP 12): Total for South Africa (ZAFCP120000GPQ) from Q2 2008 to Q3 2023 about miscellaneous, South Africa, services, CPI, price index, indexes, and price.

As of November 2023, the Consumer Price Index (CPI) in South Africa, an economic indicator providing information on the change of prices over time, was measured at 111 points regarding medical services. This is an increase of six points from the previous year.

As of November 2023, the Consumer Price Index (CPI) in South Africa, an economic indicator providing information on the change of prices over time, was measured at 124.8 points regarding electricity and other fuels. This is an increase of 16.5 points from the previous year.

As of November 2023, the Consumer Price Index (CPI) in South Africa, an economic indicator providing information on the change of prices over time, was measured at 104.9 points regarding actual rentals for housing. This is an increase of 2.7 points from the previous year.