South Africa Inflation Rate
How much consumer prices are rising compared with a year ago.
4.2%
Matches the latest releaseNot refreshed recently, awaiting the next release
Explore the full South Africa economy15 live indicators on one dashboard, from growth and prices to jobs, trade and public finances. Updated automatically from official sources.Inflation Rate
Jan 2015 to Aug 2026
Source: OECD live prices system · CPI, all items, year on year, monthly. Where the OECD series is unavailable, this falls back to World Bank annual CPI (FP.CPI.TOTL.ZG); the period shown under the figure tells you which is live, a year on its own means the annual fallback.
South Africa Inflation Rate in context
Worked out from the published series shown above.
In South Africa, the inflation rate rose by 0.9pp over the year to Aug 2026, from 3.3% in Aug 2025.
Over the past five years it has ranged from 2.7% in Mar 2025 to 8.1% in Jul 2022.
Its average since Jan 2015 is 4.8%, and the latest reading is below that.
South Africa is 23rd of 62 countries in our Inflation Rate by Country ranking.
How this series is defined
Everything you need to check the figure against the source.
- Source
- OECD
- Series
- live
- Frequency
- Monthly
- Unit
- %
- Seasonal adjustment
- Not seasonally adjusted
- Latest observation
- Aug 2026
- Revision status
- Latest published estimate, subject to revision
The South African Reserve Bank targets 3% inflation, with a tolerance band of ±1 percentage point (this replaced a 3-6% target range in November 2025).
Data refreshed 2026-10-28. Figures are the latest published observations and can be revised.
More South Africa indicators
Latest readings. Open any one for its full history.
Rankings
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