Inflation Rate in South Africa increased to 3.60 percent in October from 3.40 percent in September of 2025. This dataset provides - South Africa Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

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.

Core consumer prices in South Africa increased 3.10 percent in October of 2025 over the same month in the previous year. This dataset provides the latest reported value for - South Africa Core Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The latest inflation rate, i.e. the percent change in the CPI from a year ago to now, in South Africa was 2.67 percent. That number was released in . It shows an increase from the inflation rate in the previous month when it stood at 2.57 percent. Compared to a year ago, we see a decrease from...

This dataset provides values for INFLATION RATE reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.

Inflation across Sub-Saharan Africa has regularly fluctuated since the year 2000. In 2030, it is estimated that inflation had reached 18.33 percent, marking the largest annual change since the 2008 recession; however it is estimated that inflation will fall steadily in the coming years.

Cost of food in South Africa increased 3.90 percent in October of 2025 over the same month in the previous year. This dataset provides the latest reported value for - South Africa Food Inflation - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Historical dataset showing South Africa inflation rate by year from 1960 to 2024.

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.

South Africa Consumer Price Index (CPI): Year on Year Inflation Target: Upper Bound data was reported at 6.000 % in 2017. This stayed constant from the previous number of 6.000 % for 2016. South Africa Consumer Price Index (CPI): Year on Year Inflation Target: Upper Bound data is updated yearly, averaging 6.000 % from Dec 2000 (Median) to 2017, with 18 observations. The data reached an all-time high of 6.000 % in 2017 and a record low of 6.000 % in 2017. South Africa Consumer Price Index (CPI): Year on Year Inflation Target: Upper Bound 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.I001: Consumer Price Index: Inflation Target.

Graph and download economic data for Inflation, consumer prices for South Africa (FPCPITOTLZGZAF) from 1960 to 2024 about South Africa, consumer, CPI, inflation, price index, indexes, and price.

Key information about South Africa Core CPI Change

• South Africa Core CPI Change was reported at 3.100 % in Oct 2025.
• This records a decrease from the previous number of 3.206 % for Sep 2025.
• South Africa Core CPI Change data is updated monthly, averaging 4.762 % from Jan 2009 to Oct 2025, with 202 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.

The average inflation rate in Southern Africa was projected at ***** percent in 2022. This represented a decrease in comparison to the previous years. In 2020, the rate reached a peak at ** percent.

Inflation Expectations in South Africa decreased to 4.20 percent in the third quarter of 2025 from 4.30 percent in the second quarter of 2025. This dataset provides - South Africa Inflation Expectations- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Key information about South Africa Consumer Price Index CPI growth

• South Africa Consumer Price Index (CPI) growth was measured at 3.6 % YoY in Oct 2025, compared with a rate of 3.4 % in the previous month.
• South Africa Consumer Price Index growth data is updated monthly, available from Jan 1958 to Oct 2025, with an averaged number of 15.4 % 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 2024=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, monthly percent change in the CPI in South Africa, September, 2025 The most recent value is 0.19 percent as of September 2025, an increase compared to the previous value of -0.1 percent. Historically, the average for South Africa from February 2007 to September 2025 is 0.45 percent. The minimum of -1.22 percent was recorded in December 2008, while the maximum of 2.04 percent was reached in July 2008. | TheGlobalEconomy.com

As of April 2022, the food inflation rate in South Africa stood at *** percent compared to the same month last year. Food prices have been following a fluctuating increasing trend. For instance, food inflation was at *** percent in January 2019, whereas by April 2022 it amounted to *** percent.

Graph and download economic data for Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: All Items Non-Food Non-Energy for South Africa (CPGRLE01ZAM659N) from Jan 2003 to Dec 2024 about South Africa, core, all items, CPI, inflation, price index, indexes, and price.

South Africa ZA: Inflation:(GDP) Gross Domestic ProductDeflator data was reported at 5.537 % in 2017. This records a decrease from the previous number of 6.774 % for 2016. South Africa ZA: Inflation:(GDP) Gross Domestic ProductDeflator data is updated yearly, averaging 7.938 % from Dec 1961 (Median) to 2017, with 57 observations. The data reached an all-time high of 24.879 % in 1980 and a record low of 0.383 % in 1962. South Africa ZA: Inflation:(GDP) Gross Domestic ProductDeflator data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s South Africa – Table ZA.World Bank.WDI: Inflation. Inflation as measured by the annual growth rate of the GDP implicit deflator shows the rate of price change in the economy as a whole. The GDP implicit deflator is the ratio of GDP in current local currency to GDP in constant local currency.; ; World Bank national accounts data, and OECD National Accounts data files.; Median;

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.