Inflation Rate 2024 South Africa 2024 Rate

Inflation Rate 2024 South Africa 2024 Rate. Inflation expectations in south africa decreased to 4.80 percent in the third quarter of 2024 from 5 percent in the second quarter of 2024. As food and fuel prices soar, the reserve bank considers interest rate adjustments, potentially deepening consumer debt.

Official inflation data showed consumer price. Inflation, consumer prices (annual %) in south africa was reported at 6.0739 % in 2023, according to the world bank collection of development indicators, compiled from officially recognized sources.