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

Consumer prices in South Africa increased 6.1 percent year-on-year in March of 2017, lower than a 6.3 percent rise in February and below market expectations of 6.3 percent. It is the lowest inflation rate in six months due to a slowdown in food inflation. Inflation Rate in South Africa averaged 9.19 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)
2017-02-15 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 08:00 AM Mar 6.1% 6.3% 6.3% 6.3%
2017-05-24 08:00 AM Apr 6.1% 6%
2017-06-21 08:00 AM May 6.1%
2017-07-19 08:00 AM Jun 6%




South Africa Inflation Rate Down To 6-Month Low


Consumer prices in South Africa increased 6.1 percent year-on-year in March of 2017, lower than a 6.3 percent rise in February and below market expectations of 6.3 percent. It is the lowest inflation rate in six months due to a slowdown in food inflation.

Year-on-year, prices rose at a slower pace for food and non-alcoholic beverages (8.7 percent from 9.9 percent in February); clothing and footwear (4.5 percent from 4.8 percent) and restaurants and hotels (6.1 percent from 6.4 percent). In contrast, inflation was steady for recreation and culture (3.7 percent) and accelerated for housing and utilities (5.7 percent from 5.6 percent); miscellaneous goods and services (7.5 percent from 7.4 percent); transport (7.7 percent from 7.2 percent); alcoholic beverages and tobacco (3.2 percent from 2.8 percent) and education (7 percent from 4.6 percent).

Annual core inflation which excludes cost of food, non-alcoholic beverages, petrol and energy fell to 4.9 percent from 5.2 percent. It is the lowest rate since January of 2013.

On a monthly basis, consumer prices rose 0.6 percent, below 1.1 percent in February and boosted by cost of housing and utilities (0.9 percent); education (7 percent); food and non-alcoholic beverages (0.5 percent) and alcoholic beverages and tobacco (1.7 percent).

Statistics South Africa | Joana Taborda | joana.taborda@tradingeconomics.com
4/19/2017 8:25:49 AM



South Africa Prices Last Previous Highest Lowest Unit
Inflation Rate 6.10 6.30 20.70 0.20 percent [+]
Inflation Rate Mom 0.60 1.10 6.70 -0.70 percent [+]
Consumer Price Index CPI 102.30 101.70 102.30 1.20 Index Points [+]
Core Consumer Prices 101.40 100.30 101.40 63.30 Index Points [+]
Core Inflation Rate 4.90 5.20 8.30 2.90 percent [+]
Producer Prices 101.30 101.00 219.40 4.10 Index Points [+]
Producer Prices Change 5.20 5.60 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 8.70 9.90 15.60 0.60 percent [+]
Cpi Transportation 102.10 102.40 116.90 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 April of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
6.10 6.30 20.70 0.20 1968 - 2017 percent Monthly



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Australia 2.10 Mar/17
Austria 2.00 Mar/17
Azerbaijan 13.20 Mar/17
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Belgium 2.28 Apr/17
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Brazil 4.57 Mar/17
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Cambodia 4.42 Jan/17
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Canada 1.60 Mar/17
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Chile 2.70 Mar/17
China 0.90 Mar/17
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Comoros 1.30 Dec/15
Congo 36.29 Feb/17
Costa Rica 1.58 Mar/17
Croatia 1.10 Mar/17
Cuba 4.50 Dec/16
Cyprus 1.90 Mar/17
Czech Republic 2.60 Mar/17
Denmark 1.00 Mar/17
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Dominican Republic 3.14 Mar/17
East Timor 0.20 Feb/17
Ecuador 0.96 Mar/17
Egypt 30.90 Mar/17
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Equatorial Guinea 3.90 Dec/15
Eritrea 12.50 Dec/15
Estonia 2.80 Mar/17
Ethiopia 8.50 Mar/17
Euro Area 1.50 Mar/17
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Finland 0.80 Mar/17
France 1.10 Mar/17
Gabon 2.09 Feb/16
Gambia 8.80 Feb/17
Georgia 5.40 Mar/17
Germany 2.00 Apr/17
Ghana 12.80 Mar/17
Greece 1.70 Mar/17
Guatemala 4.00 Mar/17
Guinea 8.70 Dec/16
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Hong Kong 0.50 Mar/17
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India 3.81 Mar/17
Indonesia 3.61 Mar/17
Iran 10.60 Feb/17
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Ireland 0.70 Mar/17
Israel 0.90 Mar/17
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Ivory Coast 0.40 Mar/17
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Japan 0.20 Mar/17
Jordan 4.30 Mar/17
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Kenya 10.28 Mar/17
Kosovo 1.50 Mar/17
Kuwait 2.63 Mar/17
Kyrgyzstan 2.80 Mar/17
Laos 1.75 Mar/17
Latvia 3.40 Mar/17
Lebanon 5.12 Mar/17
Lesotho 5.20 Feb/17
Liberia 13.31 Feb/17
Libya 29.40 Sep/16
Liechtenstein 0.60 Mar/17
Lithuania 3.10 Mar/17
Luxembourg 1.80 Mar/17
Macau 0.72 Mar/17
Macedonia 0.60 Mar/17
Madagascar 7.00 Dec/16
Malawi 15.80 Mar/17
Malaysia 5.10 Mar/17
Maldives 2.20 Feb/17
Mali 1.50 Feb/17
Malta 1.20 Mar/17
Mauritania 3.00 Mar/17
Mauritius 1.30 Mar/17
Mexico 5.35 Mar/17
Moldova 5.10 Mar/17
Mongolia 2.50 Mar/17
Montenegro 2.70 Mar/17
Morocco 0.10 Mar/17
Mozambique 21.57 Mar/17
Myanmar 9.94 Jul/16
Namibia 7.00 Mar/17
Nepal 2.90 Mar/17
Netherlands 1.10 Mar/17
New Caledonia 1.00 Mar/17
New Zealand 2.20 Mar/17
Nicaragua 3.17 Mar/17
Niger 1.60 Mar/17
Nigeria 17.26 Mar/17
North Korea 55.00 Jul/13
Norway 2.40 Mar/17
Oman 2.82 Mar/17
Pakistan 4.94 Mar/17
Palestine 1.65 Mar/17
Panama 1.50 Mar/17
Papua New Guinea 6.60 Dec/16
Paraguay 2.80 Mar/17
Peru 3.97 Mar/17
Philippines 3.40 Mar/17
Poland 2.00 Mar/17
Portugal 1.40 Mar/17
Puerto Rico 1.60 Feb/17
Qatar 0.90 Mar/17
Republic of the Congo 3.70 Apr/15
Romania 0.20 Mar/17
Russia 4.30 Mar/17
Rwanda 13.00 Mar/17
Sao Tome and Principe 4.90 Feb/17
Saudi Arabia -0.40 Mar/17
Senegal 2.40 Mar/17
Serbia 3.60 Mar/17
Seychelles -1.20 Mar/17
Sierra Leone 18.70 Jan/17
Singapore 0.70 Mar/17
Slovakia 1.00 Mar/17
Slovenia 1.90 Mar/17
Somalia -3.50 Dec/15
South Africa 6.10 Mar/17
South Korea 2.20 Mar/17
South Sudan 425.90 Feb/17
Spain 2.60 Apr/17
Sri Lanka 7.30 Mar/17
Sudan 33.50 Feb/17
Suriname 48.70 Jan/17
Swaziland 8.20 Jan/17
Sweden 1.30 Mar/17
Switzerland 0.60 Mar/17
Syria 51.10 Aug/16
Taiwan 0.18 Mar/17
Tajikistan 7.30 Mar/17
Tanzania 6.40 Mar/17
Thailand 0.76 Mar/17
Togo -0.40 Feb/17
Trinidad and Tobago 3.60 Jan/17
Tunisia 4.80 Mar/17
Turkey 11.29 Mar/17
Turkmenistan 6.17 Dec/16
Uganda 6.40 Mar/17
Ukraine 15.10 Mar/17
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United Kingdom 2.30 Mar/17
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