Inflation South Africa 1960

Average inflation: 1.3%

Current Inflation

Inflation is low at 1.3%, below the ECB target of 2%.

Peak and Trough

The highest inflation was in August at 2.0%. The lowest inflation was in January at 0.3%.

Highest month
August: 2.0%
Lowest month
January: 0.3%
Difference
1.7 percentage points
Months with data
12 of 12

Historical Context

Current inflation is around the 5-year average of 1.3%. This approaches the highest level since records began (1.3% in 1960).

5-year average
1.3%
10-year average
1.3%
All-time high (1960)
1.3%
All-time low (1960)
1.3%

Trend

ECB Target

Inflation is 0.7% below the ECB target of 2.0%. Too low inflation may indicate economic weakness.

Purchasing Power

At this inflation rate, purchasing power gradually decreases. The impact on daily expenses is relatively limited.

What you could buy for €100 this year will cost approximately €101.30 next year at this inflation rate.

Multi-year trend

Monthly figures 1960

Month overview

Month Inflation
January 0.3%
February 0.7%
March 0.7%
April 1.0%
May 1.3%
June 1.3%
July 1.7%
August 2.0%
September 2.0%
October 1.7%
November 1.3%
December 1.3%
Average 1.3%

Data source

Data from OECD. Last updated: 24/11/2025.

See also