2024 Inflation Rate South Africa Forecast. While headline inflation cooled down to 5.3% year on year in march 2024, it has continued to trend between 5% and 6% since september 2023, proving to be sticky, stubbornly. Consumer inflation sinks below 5%.

It is composed of large emes from asia, latin america, the middle east, europe and africa (such as india, brazil and south africa). In q2 2024, they expect consumer inflation to register 5.3% in 2024 and fall to 4.9% in 2026.