Inflation Rate 2024 South Africa 2024 Inflation

Inflation Rate 2024 South Africa 2024 Inflation. Lower annual rates were recorded for several product groups, most notably transport, housing, and restaurants & hotels. South africa’s inflation rate rose for the first time in three months in january on the back of higher fuel and food prices.

The inflation rate is based. South africa’s consumer inflation fell slightly more than expected in march, but analysts said the central bank was unlikely to start cutting interest rates for some.