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.

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.

Canada Inflation Nowcast: Contribution: Foreign Exchange Rates: Foreign Exchange Rate: Daily Average: South African Rand data was reported at 0.000 % in 12 May 2025. This stayed constant from the previous number of 0.000 % for 05 May 2025. Canada Inflation Nowcast: Contribution: Foreign Exchange Rates: Foreign Exchange Rate: Daily Average: South African Rand data is updated weekly, averaging 0.000 % from Jan 2019 (Median) to 12 May 2025, with 332 observations. The data reached an all-time high of 63.589 % in 15 Mar 2021 and a record low of 0.000 % in 12 May 2025. Canada Inflation Nowcast: Contribution: Foreign Exchange Rates: Foreign Exchange Rate: Daily Average: South African Rand data remains active status in CEIC and is reported by CEIC Data. The data is categorized under Global Database’s Canada – Table CA.CEIC.NC: CEIC Nowcast: Inflation: Headline.

A monthly and quarterly data set spanning July 1995 to December 2016 of the following macro-economic variables 1. South African stock market 2. South African GDP3. United States GDP 4. South African interest rate 5. US interest rate 6. South African inflation rate 7. US inflation rate 8. South African Money Supply 9. Rand/Dollar Exchange 10. FTSE

Inflation in Zimbabwe rose to 10.61 percent in 2018, and is projected to jump dramatically to 736.11 percent in 2024. After that, estimates predict a slow decline for now - however, given Zimbabwe’s history of poor monetary policy, including one of the worst instances of hyperinflation, this seems unrealistic. Inflation history Inflation depends significantly on economic expectations of it, making it hard to reduce inflation once it has hit higher levels. This happened in Zimbabwe in the years approaching 2008, at the end of which a single U.S. dollar was worth over 2.6 trillion Zimbabwe dollars, up from 10,000 Zimbabwe dollars at the start of 2005. This all but destroyed Zimbabwe’s economy, leading to very low gross domestic product (GDP) per capita and a government struggling to finance itself. The way ahead In 2009, the Zimbabwean dollar had twelve zeros slashed from the banknotes. This was not enough, and after three decades of rule, former Zimbabwean president Robert Mugabe was removed from power at the end of 2017. Citizens of the country are trying to hold foreign banknotes; they prefer U.S. dollars or euros, but the South African rand is more common. However, the rand’s performance against other currencies has been lackluster in recent years. This underscores the struggle that the Zimbabwean people have to find a stable currency at the moment.

Botswana Real Foreign Exchange Rate Index: BOB: Annual: South African Rand: South African Headline Inflation data was reported at 122.200 Sep2006=100 in 2015. This records an increase from the previous number of 109.700 Sep2006=100 for 2014. Botswana Real Foreign Exchange Rate Index: BOB: Annual: South African Rand: South African Headline Inflation data is updated yearly, averaging 96.200 Sep2006=100 from Dec 1993 (Median) to 2015, with 23 observations. The data reached an all-time high of 122.200 Sep2006=100 in 2015 and a record low of 80.900 Sep2006=100 in 1994. Botswana Real Foreign Exchange Rate Index: BOB: Annual: South African Rand: South African Headline Inflation data remains active status in CEIC and is reported by Bank of Botswana. The data is categorized under Global Database’s Botswana – Table BW.M008: Real Foreign Exchange Rate Index: Sep2006=100. Rebased from Sep2006=100 to Sep2016=100 Replacement series ID: 383786237

Botswana Real Foreign Exchange Rate Index: BOB: South African Rand: South African Headline Inflation data was reported at 110.133 Sep2006=100 in Sep 2016. This records a decrease from the previous number of 113.634 Sep2006=100 for Aug 2016. Botswana Real Foreign Exchange Rate Index: BOB: South African Rand: South African Headline Inflation data is updated monthly, averaging 99.000 Sep2006=100 from Jan 2004 (Median) to Sep 2016, with 153 observations. The data reached an all-time high of 124.100 Sep2006=100 in Jan 2016 and a record low of 90.900 Sep2006=100 in Dec 2010. Botswana Real Foreign Exchange Rate Index: BOB: South African Rand: South African Headline Inflation data remains active status in CEIC and is reported by Bank of Botswana. The data is categorized under Global Database’s Botswana – Table BW.M008: Real Foreign Exchange Rate Index: Sep2006=100. Rebased from Sep2006=100 to Sep2016=100 Replacement series ID: 383786307

The USD/ZAR exchange rate rose to 17.6100 on August 15, 2025, up 0.18% from the previous session. Over the past month, the South African Rand has strengthened 1.08%, and is up by 1.42% over the last 12 months. South African Rand - values, historical data, forecasts and news - updated on August of 2025.

The global tire nitrogen inflation machine market is experiencing robust growth, driven by increasing demand for extended tire life, improved fuel efficiency, and enhanced vehicle safety. The market, currently valued at approximately $850 million in 2025, is projected to witness a Compound Annual Growth Rate (CAGR) of 7% from 2025 to 2033. This expansion is fueled by several key factors. The automotive industry's continuous pursuit of enhanced fuel economy and tire longevity is a major catalyst. Nitrogen inflation, offering advantages over traditional compressed air, is gaining traction among automotive manufacturers and consumers alike. Furthermore, the growing awareness of the environmental benefits of nitrogen inflation, such as reduced tire wear and lower carbon emissions, is contributing to market growth. The increasing adoption of tire pressure monitoring systems (TPMS) further supports market expansion, as these systems highlight the benefits of maintaining precise tire pressure, a key advantage of nitrogen inflation. Growth is also seen across various segments, including floor-mounted, wall-mounted, and portable tire inflation machines, catering to diverse user needs, from individual consumers to large-scale automotive workshops and tire dealerships. Regional growth varies, with North America and Europe maintaining significant market shares due to high vehicle ownership rates and advanced automotive technologies. However, emerging economies in Asia-Pacific are also showing significant growth potential, driven by increasing vehicle sales and rising consumer awareness. The market's growth is not without its challenges. High initial investment costs associated with nitrogen generation systems can act as a barrier to entry for smaller players. Furthermore, the market's growth is also intrinsically linked to overall vehicle sales and economic conditions. Fluctuations in these factors can impact market demand in the short term. However, long-term growth prospects remain positive, owing to the sustainable advantages of nitrogen inflation and its increasingly important role in maintaining optimal tire performance and vehicle safety. Competitive pressures among established players such as The Titus Company, Pneumatech, Ingersoll-Rand, and Atlas Copco, are driving innovation and creating a diverse range of product offerings, further fueling market growth. The diverse application segments—automobile tires, non-motor vehicle tires, and industrial equipment tires—ensure market diversification and continued expansion across various sectors. This comprehensive report provides an in-depth analysis of the global tire nitrogen machine market, projecting a market value exceeding $2 billion by 2030. The report leverages extensive market research to offer actionable insights for industry stakeholders, including manufacturers, distributors, and investors. It meticulously examines market segmentation, key trends, growth drivers, challenges, and competitive landscapes, offering a holistic perspective on this dynamic sector.

As of August 1, 2023, one U.S. dollar could buy 21,021.7 Sierra Leonean leones (SLL), the highest exchange rate among the African currencies. Furthermore, one U.S. dollar corresponded to 758.9 Nigerian naira (NGN), 30.85 Egyptian pounds (EGP), 18.03 South African rand (ZAR), and 9.86 Moroccan dirhams (MAD) as of the same date.

Exchange rates and inflation: a case study of West African countries

Exchange rates can affect a country's inflation rate and the purchasing power of its currency. If a country's currency depreciates significantly, it can lead to higher inflation as the cost of imported goods and services increases. Indeed, the inflation rate in Sierra Leone increased steeply over the past two years. The IMF further estimates that inflation will continue to rise before falling again. This high inflation and other factors also led to the depreciation of the SLL. Furthermore, a regional perspective showed that Nigeria and Liberia faced similar high inflation rates.

Businesses' strategies for tackling inflation

Unfavorable exchange rates negatively impact countries' economies. It does this in various ways, including limiting businesses' ability to grow. Issues such as inflation affect purchasing power and businesses' investment decisions. In 2023, a survey revealed that a substantial number of micro, small, and medium enterprises (MSMEs) employed various measures to offset the impact of inflation. Approximately 36 percent of these businesses tapped into their personal savings to bolster their operations, while another 32 percent opted to scale down their business activities.

The mining sector forms an important part of the South African economy. In 2024, the industry contributed an added value of approximately ****** billion South African rand (around ***** billion U.S. dollars) to the country's Gross Domestic Product (GDP). In recent years, the overall growth rate of value-added GDP has followed a declining trend due to the general challenges the global mining industry is facing coupled with the additional burden of deteriorating infrastructure, port congestion, illegal mining activities, among many others. How does mining contribute to local employment? In 2024, the mining trade provided direct employment to almost **** a million people in South Africa. The largest employer of all mineral commodities produced was the platinum group metals (PGMs), which employed nearly ** percent of the total. In terms of production volume, coal was South Africa’s largest produced commodity over the past decade. Revenue and leading mining companies Although PGMs generated close to ** percent of the accumulated revenue from South African mining activities, it suffered a significant decline in 2024. On the other hand, the proceeds made from gold mining have increased by roughly **** percent from the previous year. As a result of global geopolitical precariousness, rising inflation, and economic growth concerns, gold has strengthened its position as a resilient and trusted asset. Gold Fields is the leading mining company in South Africa, with a market capitalization amounting to about *** billion South African rand (nearly **** billion U.S. dollars. The firm has agreed to form a joint venture with Anglo Gold with the aim of creating the largest gold mine in Africa, whereby Goldfields will hold ********** of its stake.

Im Jahr 2024 hat die durchschnittliche Inflationsrate in Südafrika rund 4,4 Prozent betragen. Für das Jahr 2025 wird die durchschnittliche Inflationsrate in Südafrika auf rund 3,8 Prozent prognostiziert. Die Statistik zeigt die durchschnittliche Inflationsrate in Südafrika im Zeitraum 1980 bis 2024 und Prognosen bis zum Jahr 2030. Die durchschnittliche Inflationsrate in Südafrika soll Prognosen zufolge zwischen 2025 und 2030 um insgesamt 0,7 Prozentpunkte steigen. Die Diskontinuität in 2027 zeigt jedoch, dass dieser Gesamtanstieg nicht kontinuierlich ist. Die durchschnittliche Inflationsrate soll im Jahr 2030 schätzungsweise 4,5 Prozent betragen. Die Inflationsrate bildet Veränderungen der Kosten für einen festgelegten Warenkorb ab, der eine repräsentative Auswahl an Waren und Dienstleistungen enthält. Sie wird aus dem Verbraucherpreisindex (VPI) abgeleitet.Finden Sie weitere Statistiken zu ähnlichen Themen: das Bruttoinlandsprodukt pro Kopf, den Anteil am kaufkraftbereinigten globalen BIP und das Staatsdefizit in Prozent des Bruttoinlandsproduktes.

核心通胀即时预测：SA：贡献：外汇汇率：外汇汇率：日平均：南非兰特在05-12-2025达0.370%，相较于05-05-2025的0.370%保持不变。核心通胀即时预测：SA：贡献：外汇汇率：外汇汇率：日平均：南非兰特数据按周更新，01-08-2018至05-12-2025期间平均值为0.368%，共384份观测结果。该数据的历史最高值出现于08-19-2024，达32.224%，而历史最低值则出现于04-07-2025，为0.000%。CEIC提供的核心通胀即时预测：SA：贡献：外汇汇率：外汇汇率：日平均：南非兰特数据处于定期更新的状态，数据来源于CEIC Data，数据归类于全球数据库的加拿大 – Table CA.CEIC.NC: CEIC Nowcast: Inflation: Core。

实际外汇汇率指数：鲍勃：南非兰特：南非标题通货膨胀率在09-01-2016达110.1332006年9月=100，相较于08-01-2016的113.6342006年9月=100有所下降。实际外汇汇率指数：鲍勃：南非兰特：南非标题通货膨胀率数据按月更新，01-01-2004至09-01-2016期间平均值为99.0002006年9月=100，共153份观测结果。该数据的历史最高值出现于01-01-2016，达124.1002006年9月=100，而历史最低值则出现于12-01-2010，为90.9002006年9月=100。CEIC提供的实际外汇汇率指数：鲍勃：南非兰特：南非标题通货膨胀率数据处于定期更新的状态，数据来源于Bank of Botswana，数据归类于全球数据库的博茨瓦纳 – Table BW.M008: Real Foreign Exchange Rate Index: Sep2006=100。

The benchmark interest rate in South Africa was last recorded at 7 percent. This dataset provides - South Africa Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

实际外汇汇率指数：鲍勃：年度：南非兰特：南非标题通货膨胀率在12-01-2015达122.2002006年9月=100，相较于12-01-2014的109.7002006年9月=100有所增长。实际外汇汇率指数：鲍勃：年度：南非兰特：南非标题通货膨胀率数据按年更新，12-01-1993至12-01-2015期间平均值为96.2002006年9月=100，共23份观测结果。该数据的历史最高值出现于12-01-2015，达122.2002006年9月=100，而历史最低值则出现于12-01-1994，为80.9002006年9月=100。CEIC提供的实际外汇汇率指数：鲍勃：年度：南非兰特：南非标题通货膨胀率数据处于定期更新的状态，数据来源于Bank of Botswana，数据归类于全球数据库的博茨瓦纳 – Table BW.M008: Real Foreign Exchange Rate Index: Sep2006=100。

The Gross Domestic Product per capita in South Africa was last recorded at 5708.96 US dollars in 2024. The GDP per Capita in South Africa is equivalent to 45 percent of the world's average. This dataset provides the latest reported value for - South Africa GDP per capita - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.