Current Inflation Rate 2024 South Africa Per Month
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Current Inflation Rate 2024 South Africa Per Month. Still, it remains above the central bank's preferred target of 4.5%. Annual consumer price inflation pulled back in december, easing to 5,1% from 5,5% in november and 5,9% in october.
Inflation edged down to 5.2% in april from march’s 5.3%. South africa’s consumer inflation fell slightly more than expected in march, but analysts said the central bank was unlikely to start cutting interest rates for some months yet.
Inflation Falls To Lowest Level Since December 2023 In April.
South africa inflation rate for 2021 was 4.61% , a 1.4% increase from 2020.
South African Employers Are Forecast To Increase Pay By An Average Of 6.1% In 2024 In An Attempt To Attract And Retain Staff Amid High Inflation And A Challenging Labour Market.
The ‘inflation %’ column indicates how much prices have changed since the previous year.
Current Inflation Rate 2024 South Africa Per Month Images References :
Still, It Remains Above The Central Bank's Preferred Target Of 4.5%.
South africa inflation rate for 2021 was 4.61% , a 1.4% increase from 2020.
The Average Inflation Rate For The Year Was 6,0%, Lower Than 2022’S 6,9%.
South africa’s consumer inflation fell slightly more than expected in march, but analysts said the central bank was unlikely to start cutting interest rates for some months yet.