South Africa: Inflation, annual
* indicates monthly or quarterly data series
The most recent value is 4.98 percent as of June 2026, an increase compared to the previous value of 4.51 percent. Historically, the average for South Africa from January 1961 to June 2026 is 7.76 percent. The minimum of 0.16 percent was recorded in January 2004, while the maximum of 20.94 percent was reached in January 1986.
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* indicates monthly or quarterly data series
- Measure: percent
- Definition: Percent change in the CPI from the same month last year.
- Source: Statistics South Africa
| Recent values | South Africa: Inflation, annual percent change in the CPI |
|---|---|
| 2026 Jun | 4.98 |
| 2026 May | 4.51 |
| 2026 Apr | 4.02 |
| 2026 Mar | 3.15 |
| 2026 Feb | 2.96 |
| 2026 Jan | 3.49 |
| 2025 Dec | 3.6 |
| 2025 Nov | 3.5 |
Download data from our database Other resources: All indicators for South Africa All indicators on the website Article: Are trade deficits bad for the economy? Article: Sources of economic growth Article: Currency values and investment returns All articles
| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| Inflation | 3.2 | 2025 | percent |
| Exchange rate regimes | 7 | 2023 | index points |
| USD exchange rate | 16.1825 | 8/2026 | Local Currency Units per USD |
| Money supply (broad money) | 4,889.29 | 6/2026 | billion |
| Consumer Price Index (CPI) | 219.2759 | 6/2026 | index points |
| Inflation, monthly | 0.75 | 6/2026 | percent |
| Inflation, annual | 4.98 | 6/2026 | percent |
| Alcohol and tobacco inflation | 3.55 | 7/2026 | percent |
| Transport services inflation | 12.50 | 6/2026 | percent |
| Information and communication inflation | 1.57 | 6/2026 | percent |
| Restaurant and accommodation services inflation | 5.08 | 6/2026 | percent |
| Health care inflation | 3.64 | 6/2026 | percent |
| Education services inflation | 5.36 | 6/2026 | percent |
| Clothing and footwear inflation | 1.19 | 6/2026 | percent |
| Housing inflation | 4.13 | 6/2026 | percent |
| Private sector credit | 2,626.80 | 6/2026 | billion |
| Business credit | 2,626.80 | 6/2026 | billion |
| Household credit | 2,332.03 | 6/2026 | billion |
| Deposit interest rate | 8.12 | 12/2025 | percent |
| Mortgage credit interest rate | 11.25 | 11/2024 | percent |
| Policy rate | 7.00 | 7/2026 | percent |
| Household debt to GDP | 33.50 | 12/2025 | percent |
| Debt service ratios for private non-financial sector | 8.30 | Q4/2025 | percent |