Current Inflation Rate South Africa 2024. The reserve bank may cut interest rates by 50 basis points this week as inflation trends lower and the south african economy remains. Inflation, consumer prices (annual %) in south africa was reported at 6.0739 % in 2023, according to the world bank collection of development indicators, compiled from officially recognized.

| published nov 17, 2024. The current inflation rate in south africa is 3.74%, which is calculated based on cpi (consumer price index) values for the last 12 months ending in september 2024.