Average inflation measured by CPI reached 4.78 % in 2018 in South Africa, according to the National Statistical Office. This is 9124 % more than in the previous year.
Historically, average inflation measured by CPI in South Africa reached an all time high of 4.78 % in 2018 and an all time low of -0.007 % in 2004. When compared to South Africa's main peers, average inflation measured by CPI in Botswana amounted to 3.79 %, 6.29 % in Lesotho, 3.51 % in Namibia and 5.00 % in Swaziland in 2018.
South Africa has been ranked 47th within the group of 174 countries we follow in terms of average inflation measured by CPI, 36 places above the position seen 10 years ago.
Inflation as measured by the consumer price index (CPI) reflects the annual percentage change in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly.
| Inflation, CPI (Average) | Unit | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
| Angola | % | 0.317% | 20.5% | 15.8% | 10.9% | 8.90% | ||||
| Botswana | % | 0.033% | 3.79% | 3.88% | 3.80% | 3.90% | ||||
| Lesotho | % | 0.053% | 6.29% | 5.32% | 5.03% | 4.95% | ||||
| Mozambique | % | 0.151% | 5.97% | 5.68% | 5.23% | 5.00% | ||||
| Namibia | % | 0.061% | 3.51% | 5.75% | 5.75% | 5.75% | ||||
| South Africa | % | 0.052% | 4.78% | 5.27% | 5.38% | 5.50% | ||||
| Swaziland | % | 0.062% | 5.00% | 5.35% | 5.38% | 5.47% | ||||
| Zambia | % | 0.066% | 8.49% | 8.25% | 8.00% | 8.00% | ||||
| Zimbabwe | % | 0.009% | 3.87% | 9.65% | 8.70% | 6.50% |
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