Inflation Rate 2024 South Africa. Headline inflation fell to 5.3% year on year from 5.6% in february (zacpiy=eci), data from the statistics agency showed on wednesday, compared to. Cpi slows in april to 5.2% y/y, but no south african rate cut expected before late 2024.
February 21, 2024 at 1:31 am pst. The cpi inflation rates in the table are presented both on a monthly basis (compared to the month before) as well as on a yearly basis (compared to the same month the year.
South Africa ’S Inflation Rate Fell For A Second Consecutive Month As The Rise In Food Prices Was More Benign.
Even though inflation has fallen back within the reserve bank’s target band of 3% to 6%, it is taking longer to reach its goal of 4.5%.
The Headline Rate Was 5,9%, Up From 5,4% In.
Rate decision comes a day after election.
Cpi Slows In April To 5.2% Y/Y, But No South African Rate Cut Expected Before Late 2024.
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South Africa’s Inflation Rate Rose For The First Time In Three Months In January On The Back Of Higher Fuel And Food.
Sa holds rates steady amid election aftermath, inflation woes.
Cpi Slows In April To 5.2% Y/Y, But No South African Rate Cut Expected Before Late 2024.
In 2024, south africa celebrates three decades since the advent of democracy, a pivotal moment in its history.
The 'Inflation %' Column Indicates How Much Prices Have Changed Since The Previous Year.