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

Consumer prices in South Africa rose 6.2 percent year-on-year in April of 2016, slowing from a 6.3 percent increase in the previous month. Figures came marginally lower than market expectations, as petrol cost fell while food prices went up at a faster pace. On a monthly basis, consumer prices increased 0.8 percent, at the same pace as in March. 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
6.20 6.30 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)
2016-03-23 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%
2016-05-18 08:00 AM Apr 6.2% 6.3% 6.3% 6.4%
2016-06-22 08:00 AM May 6.2% 7.4%
2016-07-20 08:00 AM Jun 7.5%
2016-08-24 08:00 AM Jul 7.6%

South Africa Inflation Rate Eases in April


Consumer prices in South Africa rose 6.2 percent year-on-year in April of 2016, slowing from a 6.3 percent increase in the previous month. Figures came marginally lower than market expectations, as petrol cost fell while food prices rose at a faster pace.

Compared to April 2015, cost of transport increased at a slower 2.7 percent (+4.5 percent in March) due to a fall in petrol prices (-2.7 percent from 3.8 percent). In addition, prices went up at a faster pace for food and non-alcoholic beverages (+11 percent from 9.5 percent in March); housing and utilities (+6.5 percent 6.4 percent) and miscellaneous goods and services (+7.1 percent from 6.7 percent). Meantime, education (+4.6 percent from 4.6 percent) cost went up at the same pace.

Annual core inflation rate, which excludes prices of food, non-alcoholic beverages, petrol and energy was recorded at 5.5 percent, compared to a 5.4 percent increase in March.

On a monthly basis, consumer prices rose 0.8 percent, at the same pace as in March. Transport prices increased 2.7 percent (-0.8 percent in March), food and non-alcoholic beverages went up 1.9 percent (+1.6 percent in March) and housing and utilities edged up 0.1 percent (+0.8 percent in March).

Statistics South Africa | Mojdeh Kazemi | mojdeh@tradingeconomics.com
5/18/2016 9:44:50 AM

South Africa Prices Last Previous Highest Lowest Unit
Inflation Rate 6.20 6.30 20.90 0.20 percent [+]
Inflation Rate Mom 0.80 0.80 4.29 -0.74 percent [+]
Consumer Price Index CPI 121.20 120.20 121.20 1.50 Index Points [+]
Core Consumer Prices 121.00 120.60 121.00 78.50 Index Points [+]
Core Inflation Rate 5.50 5.40 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 11.00 9.50 15.75 0.73 percent [+]
Cpi Transportation 113.20 110.30 113.20 81.70 Index Points [+]




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Kazakhstan 16.30 Apr/16
Kenya 5.27 Apr/16
Kosovo -0.10 Apr/16
Kuwait 3.10 Mar/16
Kyrgyzstan 0.50 Mar/16
Laos 1.13 Mar/16
Latvia -0.80 Apr/16
Lebanon -2.35 Apr/16
Lesotho 6.60 Feb/16
Liberia 7.10 Feb/16
Libya 10.10 Nov/15
Liechtenstein -0.40 Apr/16
Lithuania 1.00 Apr/16
Luxembourg 0.07 Apr/16
Macau 3.02 Apr/16
Macedonia -0.70 Apr/16
Madagascar 6.00 Mar/16
Malawi 20.10 Apr/16
Malaysia 2.10 Apr/16
Maldives 1.40 Mar/16
Mali -2.50 Apr/16
Malta 0.80 Apr/16
Mauritania 0.90 Apr/16
Mauritius 0.20 Apr/16
Mexico 2.54 Apr/16
Moldova 8.30 Apr/16
Mongolia 2.10 Apr/16
Montenegro -0.70 Apr/16
Morocco 1.60 Apr/16
Mozambique 17.29 Apr/16
Myanmar 15.19 Sep/15
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Netherlands 0.00 Apr/16
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Paraguay 4.50 Apr/16
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Philippines 1.10 Apr/16
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Portugal 0.50 Apr/16
Puerto Rico -0.60 Mar/16
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Republic of the Congo 3.70 Apr/15
Romania -3.30 Apr/16
Russia 7.30 Apr/16
Rwanda 4.40 Apr/16
Sao Tome and Principe 4.70 Mar/16
Saudi Arabia 4.20 Apr/16
Senegal 0.70 Apr/16
Serbia 0.40 Apr/16
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Singapore -0.50 Apr/16
Slovakia -0.40 Apr/16
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South Africa 6.20 Apr/16
South Korea 1.00 Apr/16
South Sudan 266.40 Apr/16
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Sri Lanka 4.30 Apr/16
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Taiwan 1.88 Apr/16
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Thailand 0.07 Apr/16
Togo 2.20 Apr/16
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Tunisia 3.40 Apr/16
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Turkmenistan 7.00 Dec/15
Uganda 5.10 Apr/16
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Uzbekistan 5.60 Dec/15
Venezuela 180.90 Dec/15
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Zambia 21.80 Apr/16
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