South Africa'S Current Inflation Rate 2024. The inflation rate is based. Bank of america (bofa) has pushed forward its expectation over when south africa’s interest rate cutting cycle will begin.
The average inflation rate for the year was 6,0%, lower than 2022’s 6,9%. The table below contains annual inflation rates in south africa from 1958.
The 'Inflation %' Column Indicates How Much Prices Have Changed Since The Previous Year.
Bank of america (bofa) has pushed forward its expectation over when south africa’s interest rate cutting cycle will begin.
South Africa’s Economic Growth Outlook For 2024, At 1.0% Y/Y, Is Stronger Than 2023’S Likely 0.5% Y/Y Outcome, With 2024 Expected To See The Start Of An Interest Rate Cutting Cycle,.
The imf also forecasts a growth rate of about 3.3% in 2024 while the nigerian government predicts a more robust 3.8% growth rate in 2024.
South Africa'S Current Inflation Rate 2024 Images References :
International Monetary Fund, International Financial Statistics And Data Files.
South africa inflation rate for 2021 was 4.61% , a 1.4% increase from 2020.
For The Second Quarter Of 2024 The Rpi.
The statistics office has released new estimates of the retail price index (rpi) and the annual inflation rate for q2, 2024.