Inflation Rate 2024 In South Africa. South africa inflation rate for 2023 was 6.07%, a 0.97% decline from 2022. Annual consumer inflation cooled for a fourth consecutive month, easing to 3,8% in september from 4,4% in august.
The rate has held its ground between 5% and 6% since september 2023. International monetary fund, international financial statistics and data files.