South africa inflation rate for 2021 was 4.61% , a 1.4% increase from 2020. International monetary fund, international financial statistics and data files.
The south african reserve bank (sarb) wants to see inflation fall to 4.5%, the midpoint of its target band, and has kept its main interest rate at its highest level. The consumer price index (cpi) recorded an annual increase of 5,2% in april, down from 5,3% in march and 5,6% in february.
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Cpi Price, Nominal In South Africa Was Reported At 205 In 2024, According To The World Bank Collection Of Development Indicators, Compiled From Officially Recognized Sources.
The south african reserve bank (sarb) wants to see inflation fall to 4.5%, the midpoint of its target band, and has kept its main interest rate at its highest level.
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Meanwhile, Core Inflation Was Stable, Coming In At April’s 4.6% In.
Annual rates for four of the twelve product groups remained steady between april and may, including food & non.
The Monthly Change In The Consumer Price Index (Cpi) Was 0,2%.
Consumer price index (cpi) for south africa from statistics south africa (statistics sa) for the consumer price index release.