Consumer Price Index 2024 South Africa 2021. South africa’s annual inflation rate eased for the third month to 4.4% in august 2024, down from 4.6% in the prior month and below the expected 4.5%. South africa's private sector maintained its growth trajectory in october, bolstered by a decline in business costs and selling prices, a purchasing managers' index (pmi) survey.

The 2022 average figure was 6.9%. Annual consumer inflation cooled for a fourth consecutive month, easing to 3,8% in september from 4,4% in august.