South Africa S Current Inflation Rate 2024 Karin Shelby Key findings. (cpi) for all urban areasannual consumer price inflation was 5,1% in june 2024, d. wn from 5,2% in may 2024. the cpi increased by 0,1% mo. the main contributors to the 5,1% annual inflation rate were: housing and utilities (increased by 5,5% year on year and contributed 1,3 percentage points);. Statistics south africa 2 p0141 consumer price index, may 2024 key findings headline consumer price index (cpi) for all urban areas annual consumer price inflation was 5,2% in may 2024, unchanged from april 2024. the cpi increased by 0,2% month on month in may 2024. the main contributors to the 5,2% annual inflation rate were:.
South Africa S Current Inflation Rate 2024 Karin Shelby Consumer price index, january 2024 key findings headline consumer price index (cpi) for all urban areas annual consumer price inflation was 5,3% in january 2024, up from 5,1% in december 2023. the cpi increased by 0,1% month on month in january 2024. the main contributors to the 5,3% annual inflation rate were:. Compare inflation rate by country. south africa’s annual inflation rate eased for the third month to 4.4% in august 2024, down from 4.6% in the prior month and below the expected 4.5%. this marks the lowest inflation rate since april 2021, falling just below the south african reserve bank's preferred midpoint target of 4.5%. The current inflation rate in south africa is 4.59%, which is calculated based on cpi (consumer price index) values for the last 12 months ending in july 2024. in july 2024, the monthly inflation rate was 0.43. the following table contains recent yoy (year over year) and mom (month over month) values. Statement of the monetary policy committee. issued by lesetja kganyago, governor of the south african reserve bank. published on 18 july 2024. as we move into the second half of the year, global inflation continues to ease. the very rapid price increases of 2022 and 2023 have receded.
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