South Africa'S Current Inflation Rate 2024. The current inflation rate in south africa is 4.99%, based on cpi values for the last 12 months ending in june 2024. Consumer inflation slowed for a third consecutive month, cooling to 4,4% in august from 4,6% in july.

Although south africa brought inflation back to 4.5%, its inflation rate is still relatively high compared to its peers. Stats sa publishes monthly data on inflation, mining, manufacturing, retail trade and other indicators of the economy.