2024 Cpi Increase South Africa. South africa inflation rate for 2021 was 4.61% , a 1.4% increase from 2020. 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.
The 2022 average figure was 6.9%. South african reserve bank governor lesetja kganyago said inflation could fall below 4% in coming months, creating more.