Inflation Rate For 2024 South African Economy. South africans should prepare themselves for a bumpy ride in 2024, despite increasing evidence of easing inflation — and in turn possible lower interest rates — as the. Inflation rate in south africa averaged 8.64 percent from 1968 until 2024, reaching an all time high of 20.70 percent in january of 1986 and a record low of 0.20 percent in january of 2004.
South africa inflation rate for 2020 was. This is the lowest inflation print since march 2021, when the rate was.