South African Inflation Rate 2024. Sa holds rates steady amid election aftermath, inflation woes. The monetary policy committee of the south african reserve bank has decided to keep the repo rate unchanged again at 8.25%.
Inflation expectations in south africa decreased to 5.33 percent in the first quarter of 2024 from 5.69 percent in the fourth quarter of 2023. 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 5.44% 5.16% 7.03% 4.46% 4.51% 3.97% 3.06% 5.93% 7.5% 5.21% 5.1% 8% 6% 4% 2% 0%
The decision to keep the repo rate at 8.25% (zarepo=eci) was unanimous and came a day after the country held a pivotal.
The Monthly Change In The Consumer Price Index (Cpi) Was 0,8% In March.
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February 21, 2024 At 1:31 Am Pst.
Headline inflation fell to 5.3% year on year from 5.6% in february (zacpiy=eci), data from the statistics agency showed on wednesday, compared to 5.4% predicted by analysts polled by reuters.
Core Consumer Prices In South Africa Increased 4.60 Percent In April Of 2024 Over The Same Month In The Previous Year.
South africa’s central bank said on thursday that inflation risks had eased somewhat, but it held its key rate for the sixth meeting in a row citing high inflation expectations.
South Africa Inflation Rate For 2021 Was 4.61%, A 1.4% Increase From 2020.