South Africa inflation cpi


South Africa inflation cpi: 5.1 (-1.92%)
Last Update: June 30, 2024

South Africa inflation cpi closed down 5.1 as of June 30, 2024 from 5.2 from the previous month and 5.4 from last year.


South Africa inflation cpi Analytics & Data




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South Africa inflation cpi closing prices of the last 24 values are displayed below. Sign up free to download the full historical data series using MacroVar Web/Excel or API.

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South Africa inflation cpi

DateValues
2024-06-30 5.1
2024-05-31 5.2
2024-04-30 5.2
2024-03-31 5.3
2024-02-29 5.6
2024-01-31 5.3
2023-12-31 5.1
2023-11-30 5.5
2023-10-31 5.9
2023-09-30 5.4
2023-08-31 4.8
2023-07-31 4.7
2023-06-30 5.4
2023-05-31 6.3
2023-04-30 6.8
2023-03-31 7.1
2023-02-28 7
2023-01-31 6.9
2022-12-31 7.2
2022-11-30 7.4
2022-10-31 7.6
2022-09-30 7.5
2022-08-31 7.6
2022-07-31 7.8

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South Africa inflation cpi Statistics


IndicatorSymbolActualPreviousM/M%Y/Y%TrendSlopePercentileUpdate
inflation cpiza.inflationcpi5.15.2-2-6DownDown532024-06-30

South Africa inflation cpi Factors

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South Africa inflation cpi Historical Data

The MacroVar database offers free access to historical data for the South Africa inflation cpi, dating back to 1950. This extensive dataset is readily available through MacroVar versatile platforms, including a user-friendly web interface, a robust Python API, and convenient Excel integration. By leveraging these tools, users can efficiently retrieve and analyze decades of South Africa inflation cpi data, supporting a wide range of research, financial analysis, and decision-making processes.

What is the South Africa inflation cpi

In South Africa, inflation CPI refers to the Consumer Price Index, which is a measure of the average change over time in the prices paid by urban consumers for a market basket of consumer goods and services. This index is used to track inflation rates in the country and is an important economic indicator that helps policymakers and analysts understand the overall cost of living for consumers. A higher inflation CPI indicates that prices are rising, which can have a negative impact on purchasing power and economic stability. The South African government closely monitors inflation CPI to make informed decisions regarding monetary policy and to ensure that inflation remains within target levels.