Inflation South Africa 1960

Average inflation: 1.3%

Inflation in 1960

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

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 percentage points 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 ZAR 100 this year will cost approximately ZAR 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