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

Consumer prices in South Africa rose 6.6 percent year-on-year in January of 2017, following a 6.8 percent gain in December and below market expectations of 6.7 percent as prices increased at a slower pace for food and non-alcoholic beverages. On a monthly basis, consumer prices went up 0.6 percent after a 0.4 percent rise in a month earlier. 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)
2016-12-14 08:00 AM Nov 6.6% 6.4% 6.6% 6.5%
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 6.6% 6.59%
2017-04-19 08:00 AM Mar 6.59%
2017-05-24 08:00 AM Apr 6.57%




South Africa Inflation Rate Slows To 6.6% in January


Consumer prices in South Africa rose 6.6 percent year-on-year in January of 2017, following a 6.8 percent gain in December and below market expectations of a 6.7 percent increase, as prices went up at a slower pace for food and non-alcoholic beverages.

Year-on-year, cost increased less for: food and non-alcoholic beverages (11.4 percent from 11.7 percent in December of 2016), alcoholic beverages and tobacco (3.5 percent from 5.5 percent), clothing and footwear (5.1 percent from 5.3 percent), recreation and culture (3.7 percent from 7.6 percent) and restaurants and hotels (6.2 percent from 7.1 percent).

Additional upward pressure came from: housing and utilities (5.6 percent, the same pace as in the previous month), miscellaneous goods and services (7.7 percent from percent 7.6 percent), transport (6.7 percent from 5.7 percent) and household contents and services (4.2 percent from 4 percent).

On a monthly basis, consumer prices went up 0.6 percent after a 0.4 percent gain in a month earlier. Transport prices rebounded (+1.5 percent from -0.4 percent in December), and cost rose faster for food and non-alcoholic beverages (1.6 percent from 0.8 percent) and miscellaneous goods and services (0.8 percent from 0.1 percent).

The core inflation which excludes prices of food, non-alcoholic beverages, petrol and energy fell to 5.5 percent from 5.9 percent in the previous month.


Statistic of South Africa | Deborah Neves | deborah.neves@tradingeconomics.com
2/15/2017 8:47:19 AM



South Africa Prices Last Previous Highest Lowest Unit
Inflation Rate 6.60 6.80 20.70 0.20 percent [+]
Inflation Rate Mom 0.60 0.40 6.70 -0.70 percent [+]
Consumer Price Index CPI 100.60 100.00 100.60 1.20 Index Points [+]
Core Consumer Prices 100.30 100.00 100.30 63.30 Index Points [+]
Core Inflation Rate 5.50 5.90 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 146.50 145.60 146.50 0.60 Index Points [+]
Import Prices 142.20 143.10 143.30 1.20 Index Points [+]
Food Inflation 11.40 11.70 15.60 0.60 percent [+]
Cpi Transportation 101.50 116.40 116.90 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 February of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
6.60 6.80 20.70 0.20 1968 - 2017 percent Monthly



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Albania 2.80 Jan/17
Algeria 6.95 Dec/16
Angola 40.39 Jan/17
Argentina 40.50 Apr/16
Armenia -0.60 Jan/17
Aruba -0.30 Dec/16
Australia 1.50 Dec/16
Austria 2.00 Jan/17
Azerbaijan 11.90 Jan/17
Bahamas 0.80 Dec/16
Bahrain 0.80 Jan/17
Bangladesh 5.15 Jan/17
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Belarus 9.50 Jan/17
Belgium 2.65 Jan/17
Belize 1.10 Dec/16
Benin -2.80 Dec/16
Bhutan 3.71 Dec/16
Bolivia 3.68 Jan/17
Bosnia and Herzegovina -0.20 Dec/16
Botswana 3.10 Jan/17
Brazil 5.35 Jan/17
Brunei -0.20 Jan/17
Bulgaria 1.40 Jan/17
Burkina Faso -1.70 Dec/16
Burundi 12.90 Jan/17
Cambodia 3.87 Dec/16
Cameroon 0.55 Sep/17
Canada 2.10 Jan/17
Cape Verde -1.40 Dec/16
Cayman Islands 0.60 Dec/16
Central African Republic 38.04 Feb/16
Chad -4.40 Oct/16
Chile 2.80 Jan/17
China 2.50 Jan/17
Colombia 5.47 Jan/17
Comoros 1.40 Dec/14
Congo 33.89 Jan/17
Costa Rica 0.66 Jan/17
Croatia 0.90 Jan/17
Cuba 4.50 Dec/16
Cyprus 0.50 Jan/17
Czech Republic 2.20 Jan/17
Denmark 0.90 Jan/17
Djibouti 2.40 Dec/16
Dominican Republic 2.33 Jan/17
East Timor -0.30 Jan/17
Ecuador 0.90 Jan/17
Egypt 28.10 Jan/17
El Salvador -0.26 Jan/17
Equatorial Guinea 3.90 Dec/15
Eritrea 12.50 Dec/15
Estonia 2.70 Jan/17
Ethiopia 6.10 Jan/17
Euro Area 1.80 Jan/17
European Union 1.70 Jan/17
Fiji 6.80 Jan/17
Finland 0.80 Jan/17
France 1.30 Jan/17
Gabon 2.09 Feb/16
Gambia 7.43 Sep/16
Georgia 3.90 Jan/17
Germany 1.90 Jan/17
Ghana 13.30 Jan/17
Greece 1.20 Jan/17
Guatemala 3.83 Jan/17
Guinea 8.70 Dec/16
Guinea Bissau 1.60 Dec/16
Guyana 1.40 Dec/16
Haiti 14.10 Jan/17
Honduras 3.44 Jan/17
Hong Kong 1.30 Jan/17
Hungary 2.30 Jan/17
Iceland 1.90 Jan/17
India 3.17 Jan/17
Indonesia 3.49 Jan/17
Iran 9.60 Jan/17
Iraq -0.70 Dec/16
Ireland 0.30 Jan/17
Israel 0.10 Jan/17
Italy 1.00 Jan/17
Ivory Coast 1.10 Jan/17
Jamaica 2.60 Jan/17
Japan 0.30 Dec/16
Jordan 2.50 Jan/17
Kazakhstan 7.90 Jan/17
Kenya 6.99 Jan/17
Kosovo 1.70 Jan/17
Kuwait 3.51 Dec/16
Kyrgyzstan 0.50 Jan/17
Laos 2.27 Jan/17
Latvia 2.90 Jan/17
Lebanon 4.68 Jan/17
Lesotho 5.30 Dec/16
Liberia 8.50 Sep/16
Libya 29.40 Sep/16
Liechtenstein 0.30 Jan/17
Lithuania 2.30 Jan/17
Luxembourg 1.70 Jan/17
Macau 1.76 Jan/17
Macedonia 0.60 Jan/17
Madagascar 7.00 Dec/16
Malawi 18.20 Jan/17
Malaysia 3.20 Jan/17
Maldives 1.80 Dec/16
Mali -0.80 Dec/16
Malta 1.40 Jan/17
Mauritania 2.80 Dec/16
Mauritius 1.80 Jan/17
Mexico 4.72 Jan/17
Moldova 3.00 Jan/17
Mongolia 3.30 Jan/17
Montenegro 0.90 Dec/16
Morocco 2.10 Jan/17
Mozambique 20.56 Jan/17
Myanmar 11.38 May/16
Namibia 8.20 Jan/17
Nepal 3.20 Jan/17
Netherlands 1.70 Jan/17
New Caledonia 0.60 Dec/16
New Zealand 1.30 Dec/16
Nicaragua 3.88 Jan/17
Niger -2.20 Dec/16
Nigeria 18.72 Jan/17
North Korea 55.00 Jul/13
Norway 2.80 Jan/17
Oman 1.80 Jan/17
Pakistan 3.66 Jan/17
Palestine -0.26 Jan/17
Panama 1.60 Jan/17
Papua New Guinea 6.80 Sep/16
Paraguay 1.90 Jan/17
Peru 3.10 Jan/17
Philippines 2.70 Jan/17
Poland 1.80 Jan/17
Portugal 1.30 Jan/17
Puerto Rico 0.50 Dec/16
Qatar 1.20 Jan/17
Republic of the Congo 3.70 Apr/15
Romania 0.10 Jan/17
Russia 5.00 Jan/17
Rwanda 12.00 Jan/17
Sao Tome and Principe 4.70 Jan/17
Saudi Arabia -0.40 Jan/17
Senegal 1.80 Jan/17
Serbia 2.40 Jan/17
Seychelles -0.60 Jan/17
Sierra Leone 15.26 Nov/16
Singapore 0.60 Jan/17
Slovakia 0.70 Jan/17
Slovenia 1.30 Jan/17
Somalia -4.00 Dec/14
South Africa 6.60 Jan/17
South Korea 2.00 Jan/17
South Sudan 479.70 Dec/16
Spain 3.00 Jan/17
Sri Lanka 5.60 Jan/17
Sudan 30.47 Dec/16
Suriname 52.40 Dec/16
Swaziland 8.70 Dec/16
Sweden 1.40 Jan/17
Switzerland 0.30 Jan/17
Syria 52.50 Jul/16
Taiwan 2.25 Jan/17
Tajikistan 5.30 Jan/17
Tanzania 5.20 Jan/17
Thailand 1.55 Jan/17
Togo 0.40 Dec/16
Trinidad and Tobago 2.90 Nov/16
Tunisia 4.60 Jan/17
Turkey 9.22 Jan/17
Turkmenistan 6.17 Dec/16
Uganda 5.90 Jan/17
Ukraine 12.60 Jan/17
United Arab Emirates 1.90 Dec/16
United Kingdom 1.80 Jan/17
United States 2.50 Jan/17
Uruguay 8.30 Jan/17
Uzbekistan 5.70 Dec/16
Venezuela 800.00 Dec/16
Vietnam 5.22 Jan/17
Yemen 9.49 Nov/14
Zambia 6.80 Feb/17
Zimbabwe -0.65 Jan/17