Current Inflation Rate 2024 South Africa 2024. The 'inflation %' column indicates how much prices have changed since the previous year. The average inflation rate for the year was 6,0%, lower than 2022โs 6,9%.
South africa inflation rate for 2021 was 4.61% , a 1.4% increase from 2020. Inflation rate in south africa decreased to 5.10 percent in june from 5.20 percent in may of 2024.