Inflation South Africa 1964
Average inflation: 2.5%
Current Inflation
Inflation is normal at 2.5%, around the ECB target.
Peak and Trough
The highest inflation was in December at 4.4%. The lowest inflation was in January at 0.6%.
- Highest month
- December: 4.4%
- Lowest month
- January: 0.6%
- Difference
- 3.8 percentage points
- Months with data
- 12 of 12
Historical Context
Current inflation is 0.8% higher than the 5-year average of 1.7%. This approaches the highest level since records began (2.5% in 1964).
- 5-year average
- 1.7%
- 10-year average
- 1.7%
- All-time high (1964)
- 2.5%
- All-time low (1962)
- 1.2%
Trend
Inflation shows an upward trend. Compared to 1963, inflation has risen by +1.2 percentage point.
- Change vs. previous year
- +1.2 percentage points
- Largest monthly swing
- December: +3.4 percentage points
ECB Target
Inflation is 0.5% above the ECB target of 2.0%. This means purchasing power is declining faster than intended.
Purchasing Power
At this inflation rate, purchasing power noticeably decreases. Without a salary increase, you can buy less with the same money.
What you could buy for €100 this year will cost approximately €102.50 next year at this inflation rate.
Multi-year trend
Monthly figures 1964
Month overview
| Month | Inflation | Difference vs. 1963 |
|---|---|---|
| January | 0.6% | -1.3 |
| February | 1.0% | -0.6 |
| March | 1.9% | +0.6 |
| April | 2.2% | +1.2 |
| May | 2.2% | +1.6 |
| June | 2.2% | +1.2 |
| July | 2.5% | +1.2 |
| August | 2.5% | +0.9 |
| September | 3.2% | +1.6 |
| October | 3.5% | +1.9 |
| November | 4.1% | +2.5 |
| December | 4.4% | +3.4 |
| Average | 2.5% |
Data source
Data from OECD. Last updated: 24/11/2025.