Current Inflation Rate 2024 South African Economy. South africa inflation rate for 2022 was 7.04%, a 2.43% increase from 2021. Inflation rate from 1987 to 2029 (compared to the previous year)

The outlook is weakly positive, with gdp growth projected at 1.3% in 2024 and 1.6% in 2025, as new infrastructure. Annual inflation slowed sharply in october to 2.8% from 3.8% in september, the lowest reading in south africa since june 2020 when it was 2.2% and making an interest rate.