Inflation Rate 2024 South Africa February. The marginal dip of consumer price inflation from 5.6% in february to 5.3% in march is viewed as a positive sign and encouraging. South africa’s annual inflation rate eased for the third month to 4.4% in august 2024, down from 4.6% in the prior month and below the expected 4.5%.

The median estimate of 20 economists. The rate has held its ground between 5% and 6% since.