2024 Inflation Rate South Africa 2024. Pwc south africa is pleased to. South africa’s annual inflation rate fell for the second month to 4.6% in july 2024, the softest in three years, down from 5.1% in the prior month and edging closer to the central bank's preferred target of 4.5%.
The latest cpi data from stats sa records august inflation at 4.4%, compared to the 4.6% documented in july. This is the lowest level since april 2021.