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

Consumer prices in South Africa increased 6.3 percent year-on-year in March of 2016, slowing from a 7-year high 7.2 percent rise in the previous month. Figures came in line with market expectations, as a slowdown in petrol cost offset higher food inflation. Inflation Rate in South Africa averaged 9.29 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
6.30 7.00 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 May of 2016.


Calendar GMT Reference Actual Previous Consensus Forecast (i)
2016-02-17 08:00 AM Jan 6.2% 5.2% 5.93% 5.9%
2016-03-23 08:00 AM Feb 7.0% 6.2% 6.7% 6.5%
2016-04-20 08:00 AM Mar 6.3% 7.0% 6.3% 7.2%
2016-05-20 08:00 AM Apr 6.3% 7.2%
2016-06-17 08:00 AM May 7.4%
2016-07-22 08:00 AM Jun 7.5%

South Africa Inflation Rate Slows in March


Consumer prices in South Africa increased 6.3 percent year-on-year in March of 2016, slowing from a 7-year high 7.2 percent rise in the previous month. Figures came in line with market expectations, as a slowdown in petrol cost offset higher food inflation.

Transport prices increased at a much slower 4.5 percent, following an 8.7 percent rise in February, namely petrol (up 3.8 percent from 20.7 percent in February). In addition, prices of housing and utilities (up 6.4 percent 6.6 percent in February), miscellaneous goods and services (up 6.7 percent from 6.8 percent in February) and education (up 4.6 percent from 9.3 percent in February) slowed. In contrast, cost of food and non-alcoholic beverages accelerated (up 9.5 percent from 7 percent in February). 

Annual core inflation rate, which excludes prices of food, non-alcoholic beverages, petrol and energy came in at 5.4 percent, the lowest in three months

On a monthly basis, consumer prices rose 0.8 percent, easing from a 1.4 percent gain in February. The biggest upward pressure came from prices of food and non-alcoholic beverages (up 1.6 percent from 2.1 percent in February), namely fruit, bread and cereals, sugar, sweets and desserts and oils and fats. Housing and utilities increased 0.8 percent (0 percent in February) mainly due to actual rentals for housing and owners’ equivalent rent. Downward pressure came from prices of transport (down 0.8 percent from a 0.5 percent rise in February), mainly due to petrol price. 

Statistics South Africa | Joana Taborda | joana.taborda@tradingeconomics.com
4/20/2016 9:22:26 AM

South Africa Prices Last Previous Highest Lowest Unit
Inflation Rate 6.30 7.00 20.90 0.20 percent [+]
Inflation Rate Mom 0.80 1.40 4.29 -0.74 percent [+]
Consumer Price Index CPI 120.20 119.30 120.20 1.50 Index Points [+]
Core Consumer Prices 120.60 119.50 120.60 78.50 Index Points [+]
Core Inflation Rate 5.40 5.70 8.34 2.90 percent [+]
Producer Prices 124.40 123.50 219.40 4.10 Index Points [+]
Producer Prices Change 7.10 8.10 8.80 2.61 percent [+]
Export Prices 128.80 128.70 135.40 0.60 Index Points [+]
Import Prices 135.60 137.00 143.30 1.20 Index Points [+]
Food Inflation 9.50 8.60 15.75 0.73 percent [+]
Cpi Transportation 110.30 111.20 113.10 81.70 Index Points [+]




Last
Afghanistan 3.85 Mar/16
Albania 0.30 Mar/16
Algeria 3.04 Feb/16
Angola 23.60 Mar/16
Argentina 32.90 Feb/16
Armenia -2.00 Mar/16
Aruba -1.80 Mar/16
Australia 1.30 Mar/16
Austria 0.70 Mar/16
Azerbaijan 11.70 Feb/16
Bahamas 2.00 Dec/15
Bahrain 3.30 Mar/16
Bangladesh 5.65 Mar/16
Barbados -1.06 Dec/15
Belarus 12.80 Mar/16
Belgium 2.04 Apr/16
Belize 0.30 Feb/16
Benin -0.20 Feb/16
Bhutan 3.53 Dec/15
Bolivia 3.28 Mar/16
Bosnia and Herzegovina -1.80 Mar/16
Botswana 3.00 Mar/16
Brazil 9.39 Mar/16
Brunei -0.20 Feb/16
Bulgaria -1.50 Mar/16
Burkina Faso -0.20 Feb/16
Burundi 4.30 Mar/16
Cambodia 2.31 Feb/16
Cameroon 1.47 Dec/15
Canada 1.30 Mar/16
Cape Verde -1.20 Mar/16
Cayman Islands -2.50 Dec/15
Central African Republic 25.58 Jun/14
Chad -3.40 Mar/16
Chile 4.50 Mar/16
China 2.30 Mar/16
Colombia 7.98 Mar/16
Comoros 1.40 Dec/14
Congo 2.04 Feb/16
Costa Rica -1.10 Mar/16
Croatia -1.70 Mar/16
Cuba 5.30 Dec/14
Cyprus -2.50 Mar/16
Czech Republic 0.30 Mar/16
Denmark 0.00 Mar/16
Djibouti 2.60 Mar/15
Dominican Republic 1.59 Mar/16
East Timor -1.60 Feb/16
Ecuador 2.32 Mar/16
Egypt 9.00 Mar/16
El Salvador 1.12 Mar/16
Equatorial Guinea 3.90 Dec/15
Eritrea 11.40 Dec/14
Estonia -0.20 Mar/16
Ethiopia 7.50 Mar/16
Euro Area -0.20 Apr/16
European Union 0.00 Mar/16
Fiji 0.80 Mar/16
Finland 0.00 Mar/16
France -0.20 Apr/16
Gabon -0.01 Jun/15
Gambia 6.57 Sep/15
Georgia 4.10 Mar/16
Germany 0.10 Apr/16
Ghana 19.20 Mar/16
Greece -1.50 Mar/16
Guatemala 4.30 Mar/16
Guinea 7.70 Mar/16
Guinea Bissau 3.10 Feb/16
Guyana -0.97 Sep/15
Haiti 14.80 Mar/16
Honduras 2.48 Mar/16
Hong Kong 3.00 Mar/16
Hungary -0.20 Mar/16
Iceland 1.60 Apr/16
India 4.83 Mar/16
Indonesia 3.60 Apr/16
Iran 8.90 Feb/16
Iraq 1.50 Feb/16
Ireland -0.30 Mar/16
Israel -0.70 Mar/16
Italy -0.40 Apr/16
Ivory Coast 0.90 Mar/16
Jamaica 3.00 Mar/16
Japan -0.10 Mar/16
Jordan -1.67 Mar/16
Kazakhstan 15.70 Mar/16
Kenya 5.27 Apr/16
Kosovo 0.10 Mar/16
Kuwait 3.10 Mar/16
Kyrgyzstan 0.50 Mar/16
Laos 1.13 Mar/16
Latvia -0.60 Mar/16
Lebanon -3.57 Mar/16
Lesotho 6.60 Feb/16
Liberia 8.00 Dec/15
Libya 10.10 Nov/15
Liechtenstein -0.90 Mar/16
Lithuania 1.20 Mar/16
Luxembourg 0.05 Mar/16
Macau 3.31 Mar/16
Macedonia -0.40 Mar/16
Madagascar 7.20 Feb/16
Malawi 22.10 Mar/16
Malaysia 2.60 Mar/16
Maldives 1.30 Feb/16
Mali -1.50 Feb/16
Malta 1.00 Mar/16
Mauritania -0.40 Mar/16
Mauritius 0.90 Mar/16
Mexico 2.60 Mar/16
Moldova 9.40 Mar/16
Mongolia 1.70 Mar/16
Montenegro -0.90 Mar/16
Morocco 1.80 Mar/16
Mozambique 13.61 Mar/16
Myanmar 15.19 Sep/15
Namibia 6.50 Mar/16
Nepal 11.30 Feb/16
Netherlands 0.60 Mar/16
New Caledonia 0.90 Mar/16
New Zealand 0.40 Mar/16
Nicaragua 3.70 Mar/16
Niger 1.10 Mar/16
Nigeria 12.80 Mar/16
North Korea 55.00 Jul/13
Norway 3.30 Mar/16
Oman 0.10 Mar/16
Pakistan 4.17 Apr/16
Palestine 0.32 Mar/16
Panama 0.60 Mar/16
Papua New Guinea 6.40 Dec/15
Paraguay 4.50 Apr/16
Peru 3.91 Apr/16
Philippines 1.10 Mar/16
Poland -1.10 Apr/16
Portugal 0.40 Mar/16
Puerto Rico 0.50 Feb/16
Qatar 3.30 Mar/16
Republic of the Congo 3.70 Apr/15
Romania -3.00 Mar/16
Russia 7.30 Mar/16
Rwanda 5.80 Mar/16
Sao Tome and Principe 4.30 Feb/16
Saudi Arabia 4.30 Mar/16
Senegal 1.30 Mar/16
Serbia 0.60 Mar/16
Seychelles -3.20 Mar/16
Sierra Leone 8.85 Dec/15
Singapore -1.00 Mar/16
Slovakia -0.50 Mar/16
Slovenia -0.60 Apr/16
Somalia -4.00 Dec/14
South Africa 6.30 Mar/16
South Korea 1.00 Apr/16
South Sudan 245.20 Mar/16
Spain -1.10 Apr/16
Sri Lanka 3.10 Apr/16
Sudan 12.94 Feb/16
Suriname 31.88 Feb/16
Swaziland 4.90 Dec/15
Sweden 0.80 Mar/16
Switzerland -0.90 Mar/16
Syria 43.02 Oct/15
Taiwan 2.00 Mar/16
Tajikistan 5.60 Mar/16
Tanzania 5.40 Mar/16
Thailand 0.07 Apr/16
Togo 1.10 Mar/16
Trinidad and Tobago 3.40 Feb/16
Tunisia 3.30 Mar/16
Turkey 7.46 Mar/16
Turkmenistan 7.00 Dec/15
Uganda 5.10 Apr/16
Ukraine 20.90 Mar/16
United Arab Emirates 1.43 Mar/16
United Kingdom 0.50 Mar/16
United States 0.90 Mar/16
Uruguay 10.60 Mar/16
Uzbekistan 5.60 Dec/15
Venezuela 180.90 Dec/15
Vietnam 1.89 Apr/16
Yemen 9.49 Nov/14
Zambia 21.80 Apr/16
Zimbabwe -2.31 Mar/16