Inflation Rate 2024 South Africa 2024au. Headline inflation edged lower to 5,1% in june from 5,2% in may.  — the current inflation rate in south africa is 4.59%, which is calculated based on cpi (consumer price index) values for the last 12 months ending in july 2024.

Inflation falls to lowest level since august 2023 in june. Inflation was softer for miscellaneous goods & services, communication, clothing & footwear, health and restaurants & hotels.