Current Inflation Rate 2024 South Africa. Inflation was softer in the second half of 2023 the december release concludes the results for 2023. It's no surprise that some interest rate sensitive sectors were among the bigger losers, as the 3.6% annual inflation reading in the latest monthly cpi indicator from the abs saw a rate cut in.
Inflation heats up for a second consecutive month. Inflation expectations in south africa decreased to 5.33 percent in the first quarter of 2024 from 5.69 percent in the fourth quarter of 2023.
Inflation Was Softer In The Second Half Of 2023 The December Release Concludes The Results For 2023.
The rate then dipped below this level for the remaining seven months of the year.
South Africa’s Headline Inflation Rate Eased For The Second Consecutive Month In April 2024, Falling To 5.2% From 5.3% In March.
Headline inflation fell to 5.3% year on year from 5.6% in february (zacpiy=eci), data from the statistics agency showed on wednesday, compared to 5.4% predicted by analysts polled by reuters.
Germany, On April 9, 2024.
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This Is Lower Than The 1,0% Increase In February.
South africa ’s inflation rate fell for a second consecutive month as the rise in food prices was more benign.
In 2024, South Africa Celebrates Three Decades Since The Advent Of Democracy, A Pivotal Moment In Its History.
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Core Consumer Prices In South Africa Increased 4.60 Percent In April Of 2024 Over The Same Month In The Previous Year.