2024 Inflation Rate South Africa. South africa’s inflation rate rose for the first time in three months in january on the back of higher fuel and food prices. Annual consumer price inflation was 5,2% in may, unchanged from april.
Although most south african gdp outlooks for 2024 are roughly 1.0%, many analysts and economists have upped their gdp projections for 2025 and beyond to over. South africa’s consumer food price inflation slowed to 3.9% in july 2024, from 4.1% in the previous month.
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