South Africa Inflation Rate  1968-2017 | Data | Chart | Calendar

Consumer prices in South Africa rose 6.3 percent year-on-year in February of 2017, following a 6.6 percent gain in January, matching market expectations. It was the lowest inflation rate since September of 2016, as prices rose less for food and non-alcoholic beverages and household contents and services. Inflation Rate in South Africa averaged 9.20 percent from 1968 until 2017, reaching an all time high of 20.70 percent in January of 1986 and a record low of 0.20 percent in January of 2004.

South Africa Inflation Rate
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Calendar GMT Reference Actual Previous Consensus Forecast (i)
2017-01-18 08:00 AM Dec 6.8% 6.6% 6.5% 6.5%
2017-02-15 08:00 AM Jan 6.6% 6.8% 6.7% 6.71%
2017-03-22 08:00 AM Feb 6.3% 6.6% 6.3% 6.4%
2017-04-19 07:00 AM Mar 6.3% 6.25%
2017-05-24 07:00 AM Apr 6.20%
2017-06-21 07:00 AM May 6.17%




South Africa Inflation Rate Slows To 6.3% in February


Consumer prices in South Africa rose 6.3 percent year-on-year in February of 2017, following a 6.6 percent gain in January, matching market expectations. It was the lowest inflation rate since September of 2016, as prices rose less for food and non-alcoholic beverages and household contents and services.

Year-on-year, cost increased less for: food and non-alcoholic beverages (9.9 percent from 11.4 percent in January), household contents and services (3.4 percent from 4.2 percent), alcoholic beverages and tobacco (2.8 percent from 3.5 percent), clothing and footwear (4.8 percent from 5.1 percent) and miscellaneous goods and services (7.4 percent from percent 7.7 percent).

Additional upward pressure came from: transport (7.2 percent from 6.7 percent), housing and utilities (5.6 percent, the same pace as in January), recreation and culture (3.7 percent, at the same pace as in January) and restaurants and hotels (6.4 percent from 6.2 percent).

On a monthly basis, consumer prices went up 1.1 percent after a 0.6 percent gain in a month earlier. Cost rose faster for miscellaneous goods and services (5 percent from 0.8 percent in January), health (3.8 percent after being flat in the previous month) and continued to rise for food and non-alcoholic beverages (0.7 percent from 1.6 percent) and transport (0.9 percent from 1.5 percent).

The core inflation which excludes prices of food, non-alcoholic beverages, petrol and energy fell to 5.2 percent from 5. percent in the previous month. It was the lowest core inflation since December of 2015.

Statistic of South Africa | Deborah Neves | deborah.neves@tradingeconomics.com
3/22/2017 8:29:35 AM



South Africa Prices Last Previous Highest Lowest Unit
Inflation Rate 6.30 6.60 20.70 0.20 percent [+]
Inflation Rate Mom 1.10 0.60 6.70 -0.70 percent [+]
Consumer Price Index CPI 101.70 100.60 101.70 1.20 Index Points [+]
Core Consumer Prices 100.30 100.00 100.30 63.30 Index Points [+]
Core Inflation Rate 5.20 5.50 8.30 2.90 percent [+]
Producer Prices 100.40 100.00 219.40 4.10 Index Points [+]
Producer Prices Change 5.90 7.10 8.80 2.61 percent [+]
Export Prices 146.00 146.50 146.50 0.60 Index Points [+]
Import Prices 138.10 142.20 143.30 1.20 Index Points [+]
Food Inflation 9.90 11.40 15.60 0.60 percent [+]
Cpi Transportation 102.40 101.50 116.90 81.70 Index Points [+]



South Africa Inflation Rate Notes

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 March of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
6.30 6.60 20.70 0.20 1968 - 2017 percent Monthly



Last
Afghanistan 4.10 Feb/17
Albania 2.20 Feb/17
Algeria 8.21 Jan/17
Angola 39.45 Feb/17
Argentina 40.50 Apr/16
Armenia -0.20 Feb/17
Aruba -0.40 Jan/17
Australia 1.50 Dec/16
Austria 2.20 Feb/17
Azerbaijan 12.50 Feb/17
Bahamas 0.80 Dec/16
Bahrain 0.40 Feb/17
Bangladesh 5.30 Feb/17
Barbados 0.00 Sep/16
Belarus 7.00 Feb/17
Belgium 2.97 Feb/17
Belize 0.90 Jan/17
Benin -0.90 Jan/17
Bhutan 3.71 Dec/16
Bolivia 3.46 Feb/17
Bosnia and Herzegovina 0.70 Jan/17
Botswana 3.40 Feb/17
Brazil 4.76 Feb/17
Brunei -0.20 Feb/17
Bulgaria 1.70 Feb/17
Burkina Faso -1.70 Dec/16
Burundi 12.90 Jan/17
Cambodia 3.87 Dec/16
Cameroon 0.55 Sep/17
Canada 2.00 Feb/17
Cape Verde -1.30 Jan/17
Cayman Islands 0.60 Dec/16
Central African Republic 38.04 Feb/16
Chad -4.40 Oct/16
Chile 2.70 Feb/17
China 0.80 Feb/17
Colombia 5.18 Feb/17
Comoros 1.40 Dec/14
Congo 33.89 Jan/17
Costa Rica 1.09 Feb/17
Croatia 1.40 Feb/17
Cuba 4.50 Dec/16
Cyprus 1.70 Feb/17
Czech Republic 2.50 Feb/17
Denmark 1.00 Feb/17
Djibouti 2.40 Dec/16
Dominican Republic 3.34 Feb/17
East Timor 0.20 Feb/17
Ecuador 0.96 Feb/17
Egypt 30.20 Feb/17
El Salvador 0.29 Feb/17
Equatorial Guinea 3.90 Dec/15
Eritrea 12.50 Dec/15
Estonia 3.40 Feb/17
Ethiopia 7.00 Feb/17
Euro Area 2.00 Feb/17
European Union 1.90 Feb/17
Fiji 5.50 Feb/17
Finland 1.20 Feb/17
France 1.20 Feb/17
Gabon 2.09 Feb/16
Gambia 7.43 Sep/16
Georgia 5.50 Feb/17
Germany 2.20 Feb/17
Ghana 13.20 Feb/17
Greece 1.30 Feb/17
Guatemala 3.96 Feb/17
Guinea 8.70 Dec/16
Guinea Bissau 1.60 Dec/16
Guyana 1.40 Dec/16
Haiti 14.10 Jan/17
Honduras 3.84 Feb/17
Hong Kong -0.10 Feb/17
Hungary 2.90 Feb/17
Iceland 1.90 Feb/17
India 3.65 Feb/17
Indonesia 3.83 Feb/17
Iran 9.60 Jan/17
Iraq -0.80 Feb/17
Ireland 0.50 Feb/17
Israel 0.40 Feb/17
Italy 1.60 Feb/17
Ivory Coast 1.50 Feb/17
Jamaica 3.60 Feb/17
Japan 0.40 Jan/17
Jordan 4.60 Feb/17
Kazakhstan 7.80 Feb/17
Kenya 9.04 Feb/17
Kosovo 1.70 Feb/17
Kuwait 3.22 Feb/17
Kyrgyzstan 1.30 Feb/17
Laos 2.27 Jan/17
Latvia 3.30 Feb/17
Lebanon 4.93 Feb/17
Lesotho 5.30 Dec/16
Liberia 8.50 Sep/16
Libya 29.40 Sep/16
Liechtenstein 0.60 Feb/17
Lithuania 3.00 Feb/17
Luxembourg 1.80 Feb/17
Macau 0.37 Feb/17
Macedonia 0.20 Feb/17
Madagascar 7.00 Dec/16
Malawi 16.10 Feb/17
Malaysia 4.50 Feb/17
Maldives 2.00 Jan/17
Mali -0.80 Dec/16
Malta 1.20 Feb/17
Mauritania 2.80 Dec/16
Mauritius 1.30 Feb/17
Mexico 4.86 Feb/17
Moldova 4.70 Feb/17
Mongolia 2.10 Feb/17
Montenegro 2.50 Feb/17
Morocco 1.60 Feb/17
Mozambique 20.88 Feb/17
Myanmar 11.19 Jun/16
Namibia 7.80 Feb/17
Nepal 3.20 Jan/17
Netherlands 1.80 Feb/17
New Caledonia 0.90 Jan/17
New Zealand 1.30 Dec/16
Nicaragua 3.69 Feb/17
Niger -2.20 Dec/16
Nigeria 17.78 Feb/17
North Korea 55.00 Jul/13
Norway 2.50 Feb/17
Oman 2.38 Feb/17
Pakistan 4.22 Feb/17
Palestine 0.62 Feb/17
Panama 1.90 Feb/17
Papua New Guinea 6.80 Sep/16
Paraguay 2.30 Feb/17
Peru 3.25 Feb/17
Philippines 3.30 Feb/17
Poland 2.20 Feb/17
Portugal 1.60 Feb/17
Puerto Rico 0.70 Jan/17
Qatar 0.70 Feb/17
Republic of the Congo 3.70 Apr/15
Romania 0.20 Feb/17
Russia 4.60 Feb/17
Rwanda 13.40 Feb/17
Sao Tome and Principe 4.90 Feb/17
Saudi Arabia -0.10 Feb/17
Senegal 2.00 Feb/17
Serbia 3.20 Feb/17
Seychelles -0.60 Feb/17
Sierra Leone 15.26 Nov/16
Singapore 0.70 Feb/17
Slovakia 1.20 Feb/17
Slovenia 2.20 Feb/17
Somalia -4.00 Dec/14
South Africa 6.30 Feb/17
South Korea 1.90 Feb/17
South Sudan 479.70 Dec/16
Spain 3.00 Feb/17
Sri Lanka 6.80 Feb/17
Sudan 32.86 Jan/17
Suriname 52.40 Dec/16
Swaziland 8.70 Dec/16
Sweden 1.80 Feb/17
Switzerland 0.60 Feb/17
Syria 51.10 Aug/16
Taiwan -0.04 Feb/17
Tajikistan 5.30 Jan/17
Tanzania 5.50 Feb/17
Thailand 1.44 Feb/17
Togo -1.40 Jan/17
Trinidad and Tobago 2.90 Nov/16
Tunisia 4.60 Feb/17
Turkey 10.13 Feb/17
Turkmenistan 6.17 Dec/16
Uganda 6.70 Feb/17
Ukraine 14.20 Feb/17
United Arab Emirates 2.30 Jan/17
United Kingdom 2.30 Feb/17
United States 2.70 Feb/17
Uruguay 7.10 Feb/17
Uzbekistan 5.70 Dec/16
Venezuela 800.00 Dec/16
Vietnam 5.02 Feb/17
Yemen 9.49 Nov/14
Zambia 6.80 Feb/17
Zimbabwe 0.06 Feb/17