The annual core inflation rate in South Africa, which excludes volatile items such as food and non-alcoholic beverages, fuel and energy, dropped to 3% in July of 2021, the lowest since April and below forecasts of 3.1%. source: Statistics South Africa

Core Inflation Rate in South Africa averaged 4.74 percent from 2009 until 2021, reaching an all time high of 8.30 percent in May of 2009 and a record low of 2.50 percent in March of 2021. This page provides the latest reported value for - South Africa Core Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. South Africa Core Inflation Rate - data, historical chart, forecasts and calendar of releases - was last updated on September of 2021.

Core Inflation Rate in South Africa is expected to be 3.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the South Africa Core Inflation Rate is projected to trend around 4.00 percent in 2022 and 4.30 percent in 2023, according to our econometric models.

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South Africa Core Inflation Rate

Actual Previous Highest Lowest Dates Unit Frequency
3.00 3.20 8.30 2.50 2009 - 2021 percent Monthly


Calendar GMT Actual Previous Consensus TEForecast
2021-05-19 08:00 AM Apr 3% 2.5% 2.8% 2.7%
2021-06-23 08:00 AM May 3.1% 3% 3.2% 3.3%
2021-07-21 08:00 AM Jun 3.2% 3.1% 3.1% 3.1%
2021-08-18 08:00 AM Jul 3% 3.2% 3.1% 3.2%
2021-09-22 08:00 AM Aug 3% 3.1%
2021-10-20 08:00 AM Sep 3%
2021-11-17 08:00 AM Oct
2021-12-15 08:00 AM Nov

South Africa Prices Last Previous Highest Lowest Unit
Inflation Rate 4.60 4.90 20.70 0.20 percent [+]
Inflation Rate Mom 1.10 0.20 6.70 -0.70 percent [+]
Consumer Price Index CPI 121.80 120.50 121.80 1.20 points [+]
Core Consumer Prices 119.30 118.70 119.30 63.30 points [+]
Core Inflation Rate 3.00 3.20 8.30 2.50 percent [+]
Producer Prices 105.40 104.70 219.40 4.10 points [+]
Producer Prices Change 7.10 7.70 8.70 0.30 percent [+]
Export Prices 170.00 203.40 203.40 0.60 points [+]
Import Prices 129.00 160.50 163.70 1.20 points [+]
Food Inflation 6.70 6.70 15.60 0.60 percent [+]
Inflation Expectations 4.44 4.21 8.72 3.90 Percent [+]
CPI Housing Utilities 122.10 118.60 122.10 56.80 points [+]
CPI Transportation 123.80 122.90 123.80 81.70 points [+]


South Africa Core Inflation Rate
In South Africa, core consumer prices measure a broad rise or fall in prices that consumers pay for a standard basket of goods, excluding volatile items such as food and non-alcoholic beverages, fuel and energy.