Inflation Rate 2024 South Africa February

Inflation Rate 2024 South Africa February. South africa's annual inflation rate dropped to 4.4% in august, below the central bank's target range, increasing the likelihood of an interest rate cut. Core consumer prices in south africa increased 4.30 percent in july of 2024 over the same month in the previous year.

The ‘inflation %’ column indicates how much prices have changed since the previous year. Interest rate cuts in south africa, expected as early as thursday, will bring some relief to consumers and boost economic growth, according to analysts, following.