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

Consumer prices in South Africa went up 5.9 percent year-on-year in August of 2016, following a 6 percent gain in the previous period and in line with consensus. It is the lowest reading since December as transport prices went up at a slower pace. Month-on-month, consumer prices edged down 0.1 percent. Inflation Rate in South Africa averaged 9.27 percent from 1968 until 2016, 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
5.90 6.00 20.90 0.20 1968 - 2016 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 September of 2016.


Calendar GMT Reference Actual Previous Consensus Forecast (i)
2016-07-20 08:00 AM Jun 6.3% 6.1% 6.2% 6.2%
2016-08-24 08:00 AM Jul 6% 6.3% 6.1% 6.2%
2016-09-21 08:00 AM Aug 5.9% 6% 5.9% 6%
2016-10-19 08:00 AM Sep 5.9% 6.1%
2016-11-23 08:00 AM Oct 6.5%
2016-12-14 08:00 AM Nov 6.6%

South Africa Inflation Rate at 8-Month Low in August


Consumer prices in South Africa went up 5.9 percent year-on-year in August of 2016, following a 6 percent gain in the previous period and in line consensus. It is the lowest reading since December as transport inflation slowed.

Compared to August 2015, main upward pressure came from housing and utilities (5.8 percent, the same pace as in July); food and non-alcoholic beverages (11.3 percent, the same pace as in July). Meantime trasport inflation slowed (2 percent from 3.1 percent) and cost of miscellaneous goods and services rose at a slower pace (6.9 percent from 7 percent).

On a monthly basis, consumer prices edged down 0.1 percent after a 0.8 percent increase in the previous month. Cost of food and non-alcoholic beverages increased 0.8 percent, driven by a 5.1 percent gain in sweets and desserts; a 2 percent rise in bread and cereals. Prices of housing and utilities showed no growth, while transport prices dropped 2.2 percent, due to a sharp 7.6 percent fall in cost of petrol.

The core index which excludes prices of food, non-alcoholic beverages, petrol and energy rose to 5.7 percent year-on-year at the same pace as in July. Month-over-month, prices went up 0.2 from 0.6 percent in the previous month.

Statistics South Africa | Mojdeh Kazemi | mojdeh@tradingeconomics.com
9/21/2016 9:26:38 AM

South Africa Prices Last Previous Highest Lowest Unit
Inflation Rate 5.90 6.00 20.90 0.20 percent [+]
Inflation Rate Mom -0.10 0.80 4.29 -0.74 percent [+]
Consumer Price Index CPI 123.00 123.10 123.10 1.50 Index Points [+]
Core Consumer Prices 122.60 122.40 122.60 78.50 Index Points [+]
Core Inflation Rate 5.70 5.70 8.34 2.90 percent [+]
Producer Prices 127.50 126.50 219.40 4.10 Index Points [+]
Producer Prices Change 7.40 6.80 8.80 2.61 percent [+]
Export Prices 145.60 143.00 145.60 0.60 Index Points [+]
Import Prices 143.10 139.40 143.30 1.20 Index Points [+]
Food Inflation 11.30 11.30 15.75 0.73 percent [+]
Cpi Transportation 114.00 116.60 116.60 81.70 Index Points [+]




Last
Afghanistan 7.32 Aug/16
Albania 2.00 Aug/16
Algeria 7.43 Jul/16
Angola 38.18 Aug/16
Argentina 40.50 Apr/16
Armenia -1.90 Aug/16
Aruba -1.10 Jul/16
Australia 1.00 Jun/16
Austria 0.60 Aug/16
Azerbaijan 10.80 Aug/16
Bahamas -0.33 Jun/16
Bahrain 2.60 Aug/16
Bangladesh 5.37 Aug/16
Barbados -1.20 Apr/16
Belarus 11.80 Aug/16
Belgium 2.16 Aug/16
Belize 1.00 Jul/16
Benin -1.20 Aug/16
Bhutan 3.31 Jun/16
Bolivia 3.49 Aug/16
Bosnia and Herzegovina -1.20 Aug/16
Botswana 2.60 Aug/16
Brazil 8.97 Aug/16
Brunei -0.70 Aug/16
Bulgaria -0.30 Aug/16
Burkina Faso -0.70 Jul/16
Burundi 6.60 Aug/16
Cambodia 3.25 Jun/16
Cameroon 0.64 Jun/16
Canada 1.10 Aug/16
Cape Verde -1.80 Aug/16
Cayman Islands -2.80 Mar/16
Central African Republic 38.04 Feb/16
Chad -1.10 Jul/16
Chile 3.40 Aug/16
China 1.30 Aug/16
Colombia 8.10 Aug/16
Comoros 1.40 Dec/14
Congo 5.52 Jul/16
Costa Rica 0.60 Aug/16
Croatia -1.50 Aug/16
Cuba 4.40 Dec/15
Cyprus -0.36 Aug/16
Czech Republic 0.60 Aug/16
Denmark 0.20 Aug/16
Djibouti 2.00 Jul/16
Dominican Republic 1.47 Aug/16
East Timor -1.60 Aug/16
Ecuador 1.42 Aug/16
Egypt 15.50 Aug/16
El Salvador 0.95 Aug/16
Equatorial Guinea 3.90 Dec/15
Eritrea 12.50 Dec/15
Estonia 0.30 Aug/16
Ethiopia 5.90 Aug/16
Euro Area 0.20 Aug/16
European Union 0.30 Aug/16
Fiji 5.90 Aug/16
Finland 0.40 Aug/16
France 0.20 Aug/16
Gabon 2.09 Feb/16
Gambia 6.67 Dec/15
Georgia 0.90 Aug/16
Germany 0.40 Aug/16
Ghana 16.90 Aug/16
Greece -0.90 Aug/16
Guatemala 4.74 Aug/16
Guinea 8.20 May/16
Guinea Bissau 3.00 Jul/16
Guyana 0.62 Jul/16
Haiti 12.90 Jul/16
Honduras 2.51 Aug/16
Hong Kong 4.30 Aug/16
Hungary -0.10 Aug/16
Iceland 0.90 Aug/16
India 5.05 Aug/16
Indonesia 2.79 Aug/16
Iran 9.40 Aug/16
Iraq -0.40 Jul/16
Ireland -0.10 Aug/16
Israel -0.70 Aug/16
Italy -0.10 Aug/16
Ivory Coast -0.40 Aug/16
Jamaica 1.80 Aug/16
Japan -0.40 Jul/16
Jordan -0.60 Aug/16
Kazakhstan 17.60 Aug/16
Kenya 6.26 Aug/16
Kosovo 0.00 Aug/16
Kuwait 2.90 Aug/16
Kyrgyzstan 0.50 Aug/16
Laos 1.97 Jul/16
Latvia 0.00 Aug/16
Lebanon -0.79 Aug/16
Lesotho 7.50 Jun/16
Liberia 8.44 Jun/16
Libya 27.40 Jun/16
Liechtenstein -0.10 Aug/16
Lithuania 0.80 Aug/16
Luxembourg 0.16 Aug/16
Macau 1.65 Aug/16
Macedonia -0.30 Aug/16
Madagascar 6.70 Jul/16
Malawi 22.80 Aug/16
Malaysia 1.50 Aug/16
Maldives 0.10 Jul/16
Mali -3.70 Jul/16
Malta 1.00 Aug/16
Mauritania 1.60 Aug/16
Mauritius 0.90 Aug/16
Mexico 2.73 Aug/16
Moldova 3.60 Aug/16
Mongolia -0.20 Aug/16
Montenegro -0.50 Aug/16
Morocco 1.60 Aug/16
Mozambique 21.96 Aug/16
Myanmar 11.41 Dec/15
Namibia 6.80 Aug/16
Nepal 10.40 Jul/16
Netherlands 0.20 Aug/16
New Caledonia 0.80 Aug/16
New Zealand 0.40 Jun/16
Nicaragua 3.80 Aug/16
Niger 0.10 Jul/16
Nigeria 17.60 Aug/16
North Korea 55.00 Jul/13
Norway 4.00 Aug/16
Oman 1.34 Aug/16
Pakistan 3.56 Aug/16
Palestine 0.45 Aug/16
Panama 0.50 Aug/16
Papua New Guinea 6.50 Mar/16
Paraguay 3.20 Aug/16
Peru 2.94 Aug/16
Philippines 1.80 Aug/16
Poland -0.80 Aug/16
Portugal 0.70 Aug/16
Puerto Rico -1.40 Jul/16
Qatar 2.90 Aug/16
Republic of the Congo 3.70 Apr/15
Romania -0.20 Aug/16
Russia 6.90 Aug/16
Rwanda 7.50 Aug/16
Sao Tome and Principe 5.50 Jul/16
Saudi Arabia 3.30 Aug/16
Senegal 1.30 Aug/16
Serbia 1.20 Aug/16
Seychelles -1.60 Aug/16
Sierra Leone 8.77 Mar/16
Singapore -0.30 Aug/16
Slovakia -0.80 Aug/16
Slovenia 0.00 Aug/16
Somalia -4.00 Dec/14
South Africa 5.90 Aug/16
South Korea 0.40 Aug/16
South Sudan 729.70 Aug/16
Spain -0.10 Aug/16
Sri Lanka 4.00 Aug/16
Sudan 18.15 Aug/16
Suriname 63.80 Jun/16
Swaziland 7.40 Jul/16
Sweden 1.10 Aug/16
Switzerland -0.10 Aug/16
Syria 48.09 Dec/15
Taiwan 0.57 Aug/16
Tajikistan 6.40 Aug/16
Tanzania 4.90 Aug/16
Thailand 0.29 Aug/16
Togo -1.40 Aug/16
Trinidad and Tobago 2.90 Jul/16
Tunisia 3.80 Aug/16
Turkey 8.05 Aug/16
Turkmenistan 7.00 Dec/15
Uganda 4.80 Aug/16
Ukraine 8.40 Aug/16
United Arab Emirates 1.76 Jul/16
United Kingdom 0.60 Aug/16
United States 1.10 Aug/16
Uruguay 9.37 Aug/16
Uzbekistan 5.60 Dec/15
Venezuela 180.90 Dec/15
Vietnam 3.34 Sep/16
Yemen 9.49 Nov/14
Zambia 19.60 Aug/16
Zimbabwe -1.43 Aug/16