South Africa: Inflation, monthly
* indicates monthly or quarterly data series
The most recent value is -0.09 percent as of October 2024, a decline compared to the previous value of 0.09 percent. Historically, the average for South Africa from February 2007 to October 2024 is 0.46 percent. The minimum of -1.22 percent was recorded in December 2008, while the maximum of 2.04 percent was reached in July 2008.
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* indicates monthly or quarterly data series
- Measure: percent
- Source: Statistics South Africa
| Recent values | South Africa: Inflation, monthly percent change in the CPI |
|---|---|
| 2024 Oct | -0.09 |
| 2024 Sep | 0.09 |
| 2024 Aug | 0.09 |
| 2024 Jul | 0.43 |
| 2024 Jun | 0.09 |
| 2024 May | 0.17 |
| 2024 Apr | 0.26 |
| 2024 Mar | 0.79 |
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Definition: The percentage change in the CPI from one month to the next.
| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| Inflation | 6.1 | 2023 | percent |
| Exchange rate regimes | 7 | 2022 | index points |
| USD exchange rate | 17.9241 | 11/2024 | Local Currency Units per USD |
| Money supply (broad money) | 4,391.97 | 9/2024 | billion |
| Consumer Price Index (CPI) | 116.0000 | 10/2024 | index points |
| Inflation, monthly | -0.09 | 10/2024 | percent |
| Inflation, annual | 2.84 | 10/2024 | percent |
| Private sector credit | 4,439.04 | 9/2024 | billion |
| Business credit | 2,263.06 | 9/2024 | billion |
| Household credit | 2,175.98 | 9/2024 | billion |
| Deposit interest rate | 9.05 | 6/2024 | percent |
| Mortgage credit interest rate | 11.75 | 8/2024 | percent |
| Policy rate | 7.75 | 11/2024 | percent |
| Household debt to GDP | 34.60 | 3/2024 | percent |
| Debt service ratios for private non-financial sector | 8.20 | Q1/2024 | percent |