2024 Inflation Rate South Africa Graph. The consumer price index (cpi) increased by 2,8% in the 12 months to october 2024. The graph above displays annual inflation rates in south africa for calendar years from 1958 to 2023.

Inflation eases for a second consecutive month annual consumer price inflation pulled back in december, easing to 5,1% from 5,5% in november and 5,9% in october. The most recent value is 116 index points as of october 2024, a decline compared to the previous value of 116.1 index points.