South Africa core inflation rate


South Africa core inflation rate: 4.6 (2.22%)
Last Update: January 31, 2024

South Africa core inflation rate closed down 4.6 as of January 31, 2024 from 4.5 from the previous month and 4.9 from last year.


South Africa core inflation rate Analytics & Data




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South Africa core inflation rate

Date Values
2024-01-31 4.6
2023-12-31 4.5
2023-11-30 4.5
2023-10-31 4.4
2023-09-30 4.5
2023-08-31 4.8
2023-07-31 4.7
2023-06-30 5
2023-05-31 5.2
2023-04-30 5.3
2023-03-31 5.2
2023-02-28 5.2
2023-01-31 4.9
2022-12-31 4.9
2022-11-30 5
2022-10-31 5
2022-09-30 4.7
2022-08-31 4.4
2022-07-31 4.6
2022-06-30 4.4


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South Africa core inflation rate Statistics


Indicator Symbol Actual Previous M/M% Y/Y% Trend Slope Percentile Update
core inflation rate za.coreinflationrate 4.6 4.5 2 -6 Down Down 42 2024-01-31

South Africa core inflation rate Factors

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What is the South Africa core inflation rate

South Africa Core Inflation Rate: Current and Historical Data, Trends, and Analytics

Welcome to our webpage dedicated to providing you with comprehensive information on the South Africa core inflation rate. Here, you will find up-to-date data, trends, analytics, and charts to help you better understand and interpret this key economic indicator.

What is South Africa Core Inflation Rate? The South Africa core inflation rate is a measure of inflation that excludes certain volatile components such as food and energy prices. It focuses on the underlying inflationary pressures in the economy, providing a more accurate and stable measure of inflation trends over time.

How to Interpret South Africa Core Inflation Rate? The South Africa core inflation rate is an essential economic indicator that allows policymakers, analysts, and investors to assess the price stability and the overall health of the economy. Here's how it can be interpreted:

1. Direction of Inflation: A rising core inflation rate indicates increasing price pressures, potentially leading to reduced consumer purchasing power. On the other hand, a falling core inflation rate suggests that price pressures are easing, which could stimulate consumer spending and economic growth.

2. Monetary Policy: Central banks, like the South African Reserve Bank (SARB), closely monitor inflation to make informed decisions about monetary policy. A higher-than-desired core inflation rate may prompt the central bank to raise interest rates to curb inflation. Conversely, a lower-than-desired core inflation rate may prompt rate cuts to stimulate economic activity.

3. Economic Health: High core inflation can negatively impact the economy, as it erodes consumer purchasing power and reduces business confidence. Conversely, low and stable core inflation can facilitate economic stability, encouraging investment and overall growth.

On our webpage, you will find various visual aids, charts, and data to help you interpret and analyze the South Africa core inflation rate. We provide current and historical data, allowing you to observe trends over time and analyze the impact of various events and policy decisions.

Export Historical Data for Further Analysis: To support your in-depth analysis, we offer a free feature that allows users to export historical data. This functionality enables you to integrate the South Africa core inflation rate into your own models, analysis, and research. By having access to this historical data, you can identify patterns, make comparisons, and generate valuable insights for your specific needs.

Utilize MacroVar Signals, Trends, and Analysis: In addition to historical data, our platform also provides advanced analytics, charts, trends, and signals through MacroVar. MacroVar uses sophisticated algorithms and techniques to analyze multiple economic variables, including the South Africa core inflation rate. By utilizing MacroVar, you can gain a deeper understanding of the relationship between core inflation and other economic factors, identifying potential correlations, and anticipating future trends.

Start Exploring South Africa Core Inflation Rate Data Today: Take advantage of our comprehensive South Africa core inflation rate information today. Access current and historical data, examine trends and movements, export historical data for further analysis, and leverage the powerful MacroVar signals and analysis. Stay informed and make data-driven decisions with our dedicated webpage focused on the South Africa core inflation rate.

South Africa Financial Markets

Market Symbol Last Mom Trend Exh RSI 1D% 1W% 1M% 1Y%
FTSE/JSE Top 40 JTOPI 69134.6 0.5 -0.25 -0.28044 57.694 -0.01107 -0.00632 0.05339 0.03345
South Africa ETF EZA 37.84 0 -1 -1.18765 50.766 0.01204 0.02826 0.04675 -0.00395
South African Rand US Dollar (ZAR/USD) ZARUSD 18.4194 -1 -0.25 -0.25065 34.5945 -0.00443 -0.02862 -0.05604 0.06384
South Africa 10-Year Bond Yield ZA.10Y 10.365 -1 -0.25 -0.01899 34.1718 -0.01893 -0.03131 -0.05816 -0.04117
South Africa 5-Year Bond Yield ZA.5Y 8.875 -1 0 0.06589 41.2688 -0.00169 -0.00616 -0.02899 -0.02042
South Africa 2-Year Bond Yield SA.2Y 7.22 0 0 0 0 0 0 0 0
South Africa Yield Curve SA.YC 2.58 0.5 -0.75 -1.24114 59.2958 -0.01338 0.1754 0.22565 -0.34435
South Africa Credit Default Swaps CDS.South-Africa 208 -1 -1 -2.33045 29.8536 0.01217 -0.02804 -0.15102 -0.2
South Africa Macroeconomic Indicators

Indicator Symbol Actual Previous M/M% Y/Y% Trend Slope Percentile Update
balance of trade za.balanceoftrade 13142 12578.7 4 933 UP UP 98 2023-10-31
bank lending rate za.banks.lendingrate 11.75 11.75 0 21 UP UP 76 2023-07-31
banks balance sheet za.banks.bs 7600600 7570610 0 4 UP UP 24 2024-01-31
business confidence za.bizconfidence 30 31 -3 -14 Down Down 40 2024-03-31
capacity utilization za.caputilization 78.3 78.8 -1 -2 UP Down 44 2022-12-31
car registrations za.carregistrations 28857 29360 -2 -4 UP Down 39 2024-02-29
central bank balance sheet za.cb.assets 1241050 1200920 3 5 UP UP 29 2024-02-29
composite pmi za.comppmi 50.8 49.2 3 2 UP UP 66 2024-01-31
consumer confidence za.consconfidence -15 -17 -12 67 UP Down 86 2024-03-31
consumer price index cpi za.cpi 113.9 112.8 1 6 UP UP 79 2024-01-31
core inflation rate za.coreinflationrate 4.6 4.5 2 -6 Down Down 42 2024-01-31
current account za.currentaccount -165528 -34400 381 -156 Down Down 18 2024-06-30
current account to gdp za.currentaccountgdp -1.6 -0.5 220 -69 UP UP 0 2024-01-31
deposit interest rate za.depositrate 6.74 6.43 5 42 UP UP 90 2023-05-31
exports za.exports 181261 173425 5 4 UP UP 28 2023-08-31
external debt za.externaldebt 156096 155565 0 -1 Down Down 21 2023-09-30
fiscal expenditure za.fiscalexp 179204 192573 -7 -19 UP Down 2 2024-01-31
foreign direct investment za.fdi 26014 53829 -52 -314 Down UP 7 2023-09-30
foreign exchange reserves za.fxreserves 61653 61188 1 1 UP UP 27 2024-02-29
gdp za.gdp 405.87 419.02 -3 8 UP UP 0 2022-12-31
Real GDP za.realgdp 4631220 4626740 0 5 UP UP 44 2023-12-31
gdp growth za.gdpgrowth -0.2 0.5 -140 -101 Down Down 42 2023-09-30
gdp growth annual za.gdpgrowthan 1.2 -0.7 -271 -134 Down UP 23 2023-12-31
gold reserves za.goldres 125.35 125.35 0 0 UP UP 42 2021-03-31
government budget za.govbudget -4.9 -4.2 17 4 UP Down 0 2023-01-31
Government budget za.govbudgetvalue -54662.4 19466.1 -381 -649 Down Down 3 2024-02-29
government debt za.govdebt 70437 71945 -2 9 Down UP 28 2023-09-30
government debt to gdp za.govdebtgdp 72.2 72.8 -1 89 UP UP 0 2023-01-31
government revenues za.govrev 124542 212039 -41 9 Down UP 60 2024-01-31
housing index za.housingindex 112.8 112.3 0 -78 Down Down 4 2017-02-28
imports za.imports 167982 157981 6 0 UP Down 27 2023-08-31
industrial production za.indproduction 0.7 2.5 -72 -133 UP UP 47 2023-11-30
industrial production mom za.indproductionmm -1.7 1.2 -242 -667 Down Down 15 2023-12-31
inflation cpi za.inflationcpi 5.1 5.5 -7 -29 Down Down 14 2023-12-31
interbank rate za.interbankrate 8.41 8.41 0 0 Down Down 48 2023-08-15
interest rate za.interestrate 8.25 8.25 0 50 UP UP 80 2023-07-20
loans to private sector za.loanprivate 4604050 4631630 -1 3 UP UP 20 2024-01-31
Manufacturing PMI za.manpmi 51.7 43.6 19 6 UP UP 70 2024-02-29
money supply m0 za.msm0 376845 397321 -5 4 Down UP 21 2024-02-29
money supply m1 za.msm1 2622400 2579560 2 5 UP UP 18 2024-01-31
money supply m2 za.msm2 4196310 4216870 -0 7 UP UP 52 2024-01-31
money supply m3 za.msm3 5111130 5103400 0 6 UP UP 26 2024-01-31
Producer Price Index za.producerprices 100.1 100 0 -20 Down Down 3 2024-01-31
PPI Index za.producerpricesch 4.7 4 18 -63 Down Down 20 2024-01-31
retail sales MoM za.retailsales -3.2 1.4 -329 -329 Down Down 0 2024-01-31
retail sales za.retailsalesan -2.1 2.7 -178 162 Down Down 98 2024-01-31
total vehicle sales za.vehiclesales 44749 41636 7 -1 UP Down 46 2024-02-29
unemployment rate za.unemploymentrate 32.6 32.9 -1 6 Down UP 42 2023-09-30
youth unemployment rate za.ytunemploymentrate 59.4 58 2 -6 Down Down 0 2023-12-31
Lending Rate za.lendingrate 11.75 11.75 0 31 UP UP 83 2023-07-31