Current Inflation Rate 2024 South Africa. Inflation rate in south africa decreased to 4.60 percent in july from 5.10 percent in june of 2024. The current inflation rate in south africa is 2.83%, which is calculated based on cpi (consumer price index) values for the last 12 months ending in october 2024.
International monetary fund, international financial statistics and data files. The consumer price index (cpi) and producer price index (ppi) are the two primary measures of inflation for south africa.