Current Inflation Rate 2024 South Africa Today. The 2022 average figure was 6.9%. Consumer inflation slowed for a third consecutive month, cooling to 4,4% in august from 4,6% in july.
Inflation is expected to average 5% in 2024. The south african economy is expected to expand 1.3% next year, according to the median forecast, the same as last month’s poll.
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