… Find Out Inflation, consumer prices (annual %) - South Africa from The World Bank: Data Learn how the World Bank Group is helping countries with COVID-19 (coronavirus). South Africa’s food price inflation averaged 4.8% in 2020, up from 3.1% y/y in 2019. Development of inflation rates in South Africa The inflation rate for consumer prices in South Africa moved over the past 40 years between -0.7% and 18.7%. Highest inflation rate by country in 2019. South African civil servants demanded a pay rise that’s more than double the inflation rate, a week after the nation’s finance minister insisted the government can’t afford increases. Inflation falls to a three-month low. When we talk about the rate of inflation in South Africa, this often refers to the rate of inflation based on the consumer price index, or CPI for short.The South African CPI shows the change in prices of a standard package of goods and services which South African households purchase for consumption. Inflation South Africa 2021 (CPI) - The inflation chart and table below feature an overview of the South African inflation in 2021: CPI South Africa 2021. Though South Africa inflation rate fluctuated substantially in recent years, it tended to decrease through 2001 - 2020 period ending at 3.3 % in 2020. Inflation Expectations in South Africa decreased to 4.17 percent in the fourth quarter of 2020 from 4.22 percent in the third quarter of 2020. In 2020, inflation rate for South Africa was 3.3 %. The maximum level was 20.7 % and minimum was 0.2 %. Inflation South Africa 2020 (CPI) - The inflation chart and table below feature an overview of the South African inflation in 2020: CPI South Africa 2020. This is the highest rate since July 2017, when food price inflation was at 6.8% y/y. Overall, the price increase was 3,057.61 %. What is Inflation Rate in South Africa? Data published Monthly by Statistics. The inflation rate is based upon the consumer price index (CPI). The annual inflation rate in South Africa ticked up to 3.2% in January of 2021 from 3.1% in December and in line with market expectations, but still close to the lower band of the South African Reserve Bank's target range of 3-6%. South Africa’s annual inflation rate was 3,0% in September, lower than the rates recorded in July (3,2%) and August (3,1%). Inflation Rate in South Africa increased by 3.2 % in January 2021 over the same month in the previous year. Inflation Expectations in South Africa averaged 5.97 Percent from 2000 until 2020, reaching an all time high of 8.72 Percent in the third quarter of 2008 and a record low of 3.90 Percent in the first quarter of 2005. The CPI inflation rates in the table are presented both on a monthly basis (compared to the month before) as well as on a yearly basis (compared to the same month the year before). The CPI inflation rates in the table are presented both on a monthly basis (compared to the month before) as well as on a yearly basis (compared to the same month the year before). The change in the consumer price index between August 2020 and September 2020 was 0,2%, identical to the reading in the previous month. The lowest inflation rate in 2019 was reported by Libya, Burkina Faso, Chad, Mali, Niger, United Arab Emirates, Iraq, Fiji and Qatar. The highest inflation rate in 2019 was reported in Venezuela, followed by Zimbabwe, South Sudan, Sudan, Argentina, Liberia, Iran and Ethiopia, Haiti and Angola. For 2019, an inflation rate of 4.1% was calculated. During the observation period from 1979 to 2019, the average inflation rate was 9.1% per year. The inflation rate is based upon the consumer price index (CPI). South Africa 3.20 Jan/21 3.2: 4.5: 4: 4.3: South Sudan 58.00 Dec/20 35: 15: 10: 50: Sudan ... Inflation Rate Inflation Rate Mom Producer Prices producer prices change. These are still relatively comfortable levels compared with the drought-related surge of 2016, where South Africa’s food price inflation averaged 10.8% y/y.