Sean Winnie2024 Inflation Rate In South Africa 2024 Per Month
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Inflation Rate In South Africa 2024 Per Month. South africa's inflation rate fell more than expected last month to its lowest since april 2021, data showed on wednesday, reinforcing expectations that the central bank will cut interest. 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%.
The cpi inflation rates in the table are presented both on a monthly basis (compared to the month before) as well as on a yearly basis (compared to the same month the year before). The consumer price index (cpi) increased by 2,8% in the 12 months to october 2024.
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