2024 Inflation Rate South Africa Forecast
2024 Inflation Rate South Africa Forecast. Cpi forecast for the year too was raised to 4.8 per cent. South africa inflation rate for 2022 was 7.04%, a 2.43% increase from 2021.
Interest rate reduction cycle began in september 2024 and will continue into 2025. South africa’s progress in 2024 sets the stage for hope in the new year.