Current Inflation Rate South Africa 2024. The current inflation rate in south africa is 4.40%, which is calculated based on cpi (consumer price index) values for the last 12 months ending in august 2024. Consumer inflation remains above 5% annual consumer inflation declined to 5,3% in march after climbing for the first two months of the year.

The inflation rate is based upon the consumer price index (cpi). The monthly change in the consumer price index (cpi) was 0,2%.