Inflation Rate 2024 South Africa July

Inflation Rate 2024 South Africa July. Despite a minority push for a rate cut, the majority opted to keep interest rates at 8.25%. 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.

South africa inflation rate for 2021 was. The governor of the reserve bank, lesetja kganyago noted that that the economy is projected to expand by 1.1% this year, rising to 1.8% in 2026.