Current Inflation Rate 2024 South Africa Today. The consumer price index (cpi) recorded an annual increase of 5,2% in april, down from 5,3% in march and 5,6% in february. South africa ’s inflation rate flatlined in may, increasing the likelihood that the central bank will keep borrowing costs.
R100 in 1958 is equivalent in purchasing power to about r11,926.76 today, an increase of r11,826.76 over 66 years. Global energy investment is set to exceed usd 3 trillion for the first time in 2024, with usd 2 trillion going to clean energy technologies and infrastructure.
Still, It Remains Above The Central Bank's Preferred Target Of 4.5%.
South africa ’s inflation rate flatlined in may, increasing the likelihood that the central bank will keep borrowing costs.
The Current Inflation Rate In South Africa Is 5.10%, Which Is Calculated Based On Cpi (Consumer Price Index) Values For The Last 12 Months Ending In April 2024.
The rand had an average.
R100 In 1958 Is Equivalent In Purchasing Power To About R11,926.76 Today, An Increase Of R11,826.76 Over 66 Years.
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Asked To Name The Current Rate Of Inflation, Respondents Gave A Median Answer Of 5.5 Per Cent, Down From 6.1 Per Cent In February 2024, The Lowest Since February 2022.
Core consumer prices in south africa increased 4.60.
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.
Still, it remains above the central bank’s preferred target of 4.5%.