2024 Inflation Rate South Africa Forecast

2024 Inflation Rate South Africa Forecast. Consumer inflation slowed for a third consecutive month, cooling to 4,4% in august from 4,6% in july. Annual consumer price inflation pulled back in december, easing to 5,1% from 5,5% in november and 5,9% in.

According to our estimates, south africa’s productivity could increase by up to 27.1% if societal trust increases to a level similar to that seen in countries with the highest levels. South africa inflation rate for 2022 was 7.04%, a 2.43% increase from 2021.