Consumer Price Index 2024 South African Economy. The statistical agency published 20 releases, many of which provide an update on the state of the economy. South africa’s annual inflation rate fell below the midpoint of the central bank’s target range for the first time in more than three years, adding impetus for it to start.

The 2022 average figure was 6.9%. For south africa, the cpi shows how the average price level of all those goods and services (a fixed basket of goods and services) bought by a typical consumer or household.