South Africa Inflation Rate  1968-2016 | Data | Chart | Calendar

Consumer prices in South Africa went up 5.2 percent year-on-year in December of 2015, up from a 4.8 percent rise in the previous month and the biggest increase in a year. Figures came in line with expectations, due to higher cost for food, transport and household contents and services. Inflation Rate in South Africa averaged 9.30 percent from 1968 until 2015, reaching an all time high of 20.90 percent in January of 1986 and a record low of 0.20 percent in January of 2004. Inflation Rate in South Africa is reported by the Statistics South Africa.

South Africa Inflation Rate
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Actual Previous Highest Lowest Dates Unit Frequency
5.20 4.80 20.90 0.20 1968 - 2015 percent Monthly
In South Africa, the most important categories in the consumer price index are Housing and Utilities (24.5 percent of total weight), Transport (16.4 percent) and Food and Non-Alcoholic Beverages (15.4 percent). Others include: Miscellaneous Goods and Services such as personal care, Insurance and Finance (14.7 percent); Alcoholic Beverages and Tobacco (5.4 percent); Household Contents, Equipment and Maintenance (4.8 percent); Recreation and Culture (4.1 percent); Clothing and Footwear (4.1 percent). Restaurants and Hotels, Education, Communication and Health account for the remaining 10 percent. The CPI basket was revised in January of 2013. This page provides - South Africa Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. South Africa Inflation Rate - actual data, historical chart and calendar of releases - was last updated on February of 2016.


Calendar GMT Reference Actual Previous Consensus Forecast (i)
2015-11-18 08:00 AM Oct 4.7% 4.6% 4.7% 4.56
2015-12-09 08:00 AM Nov 4.8% 4.7% 4.8% 4.7%
2016-01-20 08:00 AM Dec 5.2% 4.8% 5.2% 5.3%
2016-02-17 08:00 AM Jan 5.2% 5.98% 5.9%
2016-03-18 08:00 AM Feb 5.33%
2016-04-22 08:00 AM Mar 5.36%

South Africa Inflation Rate at 12-Month High


Consumer prices in South Africa went up 5.2 percent year-on-year in December of 2015, up from a 4.8 percent rise in the previous month and the biggest increase in a year. Figures came in line with expectations, due to higher cost for food, transport and household contents and services.

Year-on-year, the biggest upward pressure came from housing and utilities (up 6.6 percent after 6.4 percent growth in the previous month), miscellaneous goods and services (up 6.7 percent following 6.8 percent growth in November), food and non-alcoholic beverages (up 5.9 percent from 4.8 percent growth in November), alcoholic beverages and tobacco (6.6 percent increase from 7 percent growth in November) and transport (up 1.9 percent from no growth in November). 

Annual core inflation rate, which excludes prices of food, non-alcoholic beverages, petrol and energy was 5.2 percent, slightly up from 5.1 percent in November.

On a monthly basis, consumer prices grew 0.3 percent in December, accelerating from a 0.1 percent rise in November. Prices of food and non-alcoholic beverages contributed 0.1 of a percentage point to the CPI with prices growing 0.6 percent, mainly due to fruit (prices up 5.5 percent) and vegetables (prices up 3.9 percent). Housing and utilities contributed 0.2 of a percentage point with prices growing 0.8 percent mainly boosted by actual rentals for housing (prices up 1.1 percent) and owners’ equivalent rent (prices up 1.2 percent).

Considering full 2015, average inflation rate was 4.6 percent, lower than 6.1 percent in 2014.

Statistics South Africa | Joana Taborda | joana.taborda@tradingeconomics.com
1/20/2016 9:11:05 AM

South Africa Prices Last Previous Highest Lowest Unit
Inflation Rate 5.20 4.80 20.90 0.20 percent [+]
Inflation Rate Mom 0.30 0.10 4.29 -0.74 percent [+]
Consumer Price Index CPI 116.80 116.50 116.80 1.50 Index Points [+]
Core Consumer Prices 117.10 116.80 117.10 78.50 Index Points [+]
Core Inflation Rate 5.20 5.10 8.34 2.90 percent [+]
Producer Prices 120.60 120.10 219.40 4.10 Index Points [+]
Producer Prices Change 4.80 4.30 8.80 2.61 percent [+]
Export Prices 128.80 129.20 135.40 0.60 Index Points [+]
Import Prices 137.00 134.40 143.30 1.20 Index Points [+]
Food Inflation 5.90 4.80 15.75 0.73 percent [+]




Last
Afghanistan 0.08 Dec/15
Albania 1.50 Jan/16
Algeria 3.84 Dec/15
Angola 14.27 Dec/15
Argentina 26.90 Dec/15
Armenia -0.40 Jan/16
Aruba -0.93 Dec/15
Australia 1.70 Dec/15
Austria 1.00 Dec/15
Azerbaijan 4.00 Dec/15
Bahamas 1.41 Jun/15
Bahrain 0.70 Dec/15
Bangladesh 6.07 Jan/16
Barbados -0.25 Oct/15
Belarus 12.00 Dec/15
Belgium 1.74 Jan/16
Belize -0.70 Dec/15
Benin 2.30 Dec/15
Bhutan 3.53 Dec/15
Bolivia 2.39 Jan/16
Bosnia and Herzegovina -1.00 Dec/15
Botswana 3.10 Dec/15
Brazil 10.71 Jan/16
Brunei -1.00 Dec/15
Bulgaria -0.40 Dec/15
Burkina Faso 2.10 Dec/15
Burundi 6.30 Jan/16
Cambodia 1.90 Nov/15
Cameroon 4.29 Jun/15
Canada 1.60 Dec/15
Cape Verde -0.50 Dec/15
Cayman Islands -2.90 Sep/15
Central African Republic 25.58 Jun/14
Chad -0.40 Nov/15
Chile 4.80 Jan/16
China 1.60 Dec/15
Colombia 7.45 Jan/16
Comoros 1.40 Dec/14
Congo 2.08 Dec/15
Costa Rica -0.17 Jan/16
Croatia -0.60 Jan/16
Cuba 5.30 Dec/14
Cyprus -1.30 Jan/16
Czech Republic 0.60 Jan/16
Denmark 0.60 Jan/16
Djibouti 2.60 Mar/15
Dominican Republic 2.34 Dec/15
East Timor -0.60 Dec/15
Ecuador 3.09 Jan/16
Egypt 10.10 Jan/16
El Salvador 1.80 Jan/16
Equatorial Guinea 3.60 Dec/14
Eritrea 11.60 Dec/14
Estonia -0.60 Jan/16
Ethiopia 10.20 Jan/16
Euro Area 0.40 Jan/16
European Union 0.20 Dec/15
Fiji 1.60 Dec/15
Finland -0.20 Dec/15
France 0.20 Jan/16
Gabon -0.01 Jun/15
Gambia 6.57 Sep/15
Georgia 5.60 Jan/16
Germany 0.50 Jan/16
Ghana 19.00 Jan/16
Greece -0.20 Dec/15
Guatemala 4.38 Jan/16
Guinea 7.30 Dec/15
Guinea Bissau 2.40 Dec/15
Guyana 0.18 May/15
Haiti 12.00 Dec/15
Honduras 3.08 Jan/16
Hong Kong 2.50 Dec/15
Hungary 0.90 Jan/16
Iceland 2.10 Jan/16
India 5.69 Jan/16
Indonesia 4.14 Jan/16
Iran 9.40 Dec/15
Iraq 2.30 Dec/15
Ireland 0.10 Dec/15
Israel -1.00 Dec/15
Italy 0.30 Jan/16
Ivory Coast 1.30 Dec/15
Jamaica 3.66 Dec/15
Japan 0.20 Dec/15
Jordan -1.60 Dec/15
Kazakhstan 14.40 Jan/16
Kenya 7.78 Jan/16
Kosovo -0.10 Dec/15
Kuwait 3.00 Dec/15
Kyrgyzstan 1.80 Jan/16
Laos 0.90 Dec/15
Latvia -0.30 Jan/16
Lebanon -3.40 Dec/15
Lesotho 5.10 Dec/15
Liberia 6.50 Sep/15
Libya 11.40 Sep/15
Liechtenstein -1.30 Dec/15
Lithuania 0.90 Jan/16
Luxembourg 1.10 Dec/15
Macau 3.73 Dec/15
Macedonia 0.10 Jan/16
Madagascar 7.60 Dec/15
Malawi 24.90 Dec/15
Malaysia 2.70 Dec/15
Maldives 2.00 Nov/15
Mali 1.00 Dec/15
Malta 1.20 Dec/15
Mauritania 0.50 Dec/15
Mauritius 0.40 Jan/16
Mexico 2.61 Jan/16
Moldova 13.60 Dec/15
Mongolia 1.90 Dec/15
Montenegro 1.40 Nov/15
Morocco 0.60 Dec/15
Mozambique 11.25 Jan/16
Myanmar 10.19 Jul/15
Namibia 5.30 Jan/16
Nepal 11.60 Dec/15
Netherlands 0.60 Jan/16
New Caledonia 0.70 Dec/15
New Zealand 0.10 Dec/15
Nicaragua 3.19 Jan/16
Niger 2.20 Dec/15
Nigeria 9.60 Jan/16
North Korea 55.00 Jul/13
Norway 3.00 Jan/16
Oman -0.10 Dec/15
Pakistan 3.32 Jan/16
Palestine 0.97 Dec/15
Panama 0.20 Dec/15
Papua New Guinea 5.80 Sep/15
Paraguay 5.20 Jan/16
Peru 4.61 Jan/16
Philippines 1.30 Jan/16
Poland -0.70 Jan/16
Portugal 0.80 Jan/16
Puerto Rico -0.20 Dec/15
Qatar 2.80 Jan/16
Republic of the Congo 3.70 Apr/15
Romania -0.90 Dec/15
Russia 9.80 Jan/16
Rwanda 6.60 Jan/16
Sao Tome and Principe 4.00 Dec/15
Saudi Arabia 2.30 Dec/15
Senegal 1.50 Jan/16
Serbia 1.50 Dec/15
Seychelles -0.10 Jan/16
Sierra Leone 8.85 Dec/15
Singapore -0.60 Dec/15
Slovakia -0.50 Dec/15
Slovenia -0.50 Jan/16
Somalia -4.00 Dec/14
South Africa 5.20 Dec/15
South Korea 0.80 Jan/16
South Sudan 165.00 Jan/17
Spain -0.30 Jan/16
Sri Lanka 0.90 Jan/16
Sudan 12.44 Jan/16
Suriname 25.00 Dec/15
Swaziland 4.50 Nov/15
Sweden 0.10 Dec/15
Switzerland -1.30 Jan/16
Syria 38.80 Jul/15
Taiwan 0.81 Jan/16
Tajikistan 5.20 Nov/15
Tanzania 6.50 Jan/16
Thailand -0.53 Jan/16
Togo 1.60 Dec/15
Trinidad and Tobago 1.50 Dec/15
Tunisia 3.50 Jan/16
Turkey 9.58 Jan/16
Turkmenistan 4.42 Dec/14
Uganda 7.60 Jan/16
Ukraine 40.30 Jan/16
United Arab Emirates 3.60 Dec/15
United Kingdom 0.20 Dec/15
United States 0.70 Dec/15
Uruguay 9.68 Jan/16
Uzbekistan 2.60 Mar/14
Venezuela 108.70 Sep/15
Vietnam 0.80 Jan/16
Yemen 9.49 Nov/14
Zambia 21.80 Jan/16
Zimbabwe -2.47 Dec/15