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.