Inflation South Africa 1962
Average inflation: 1.2%
Current Inflation
Inflation is low at 1.2%, below the ECB target of 2%.
Peak and Trough
The highest inflation was in January at 1.6%. The lowest inflation was in November at 0.3%.
- Highest month
- January: 1.6%
- Lowest month
- November: 0.3%
- Difference
- 1.3 percentage points
- Months with data
- 12 of 12
Historical Context
Current inflation is around the 5-year average of 1.5%. This approaches the lowest level since records began (1.2% in 1962).
- 5-year average
- 1.5%
- 10-year average
- 1.5%
- All-time high (1961)
- 2.1%
- All-time low (1962)
- 1.2%
Trend
Inflation has remained relatively stable. Compared to 1961, the difference is minimal (-0.9 percentage point).
- Change vs. previous year
- -0.9 percentage points
- Largest monthly swing
- November: -2.3 percentage points
ECB Target
Inflation is 0.8% 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 €101.20 next year at this inflation rate.
Multi-year trend
Monthly figures 1962
Month overview
| Month | Inflation | Difference vs. 1961 |
|---|---|---|
| January | 1.6% | -0.4 |
| February | 1.3% | -1.0 |
| March | 1.6% | -0.4 |
| April | 1.6% | -0.4 |
| May | 1.3% | -1.0 |
| June | 1.3% | -0.7 |
| July | 1.3% | -0.7 |
| August | 1.0% | -1.0 |
| September | 1.0% | -1.0 |
| October | 1.0% | -1.0 |
| November | 0.3% | -2.3 |
| December | 1.6% | -0.4 |
| Average | 1.2% |
Data source
Data from OECD. Last updated: 24/11/2025.