Inflation South Africa 1965
Average inflation: 4.1%
Inflation in 1965
Inflation is high at 4.1%, well above the ECB target.
Peak and Trough
The highest inflation was in January at 4.7%. The lowest inflation was in November at 3.3%.
- Highest month
- January: 4.7%
- Lowest month
- November: 3.3%
- Difference
- 1.4 percentage points
- Months with data
- 12 of 12
Historical Context
Inflation is 1.9 percentage points higher than the 5-year average of 2.2%. This approaches the highest level since records began (4.1% in 1965).
- 5-year average
- 2.2%
- 10-year average
- 2.1%
- All-time high (1965)
- 4.1%
- All-time low (1962)
- 1.2%
Trend
Over the period 1963-1965, inflation shows an upward trend. Compared to 1964, inflation has risen by 1.6 percentage points.
- Change vs. previous year
- +1.6 percentage points
- Largest monthly swing
- January: +4.1 percentage points
ECB Target
Inflation is 2.1 percentage points 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 ZAR 100 this year will cost approximately ZAR 104.10 next year at this inflation rate.
Multi-year trend
Monthly figures 1965
Month overview
| Month | Inflation | Difference vs. 1964 |
|---|---|---|
| January | 4.7% | +4.1 |
| February | 4.7% | +3.7 |
| March | 4.1% | +2.2 |
| April | 4.4% | +2.2 |
| May | 4.4% | +2.2 |
| June | 4.3% | +2.1 |
| July | 4.0% | +1.5 |
| August | 4.3% | +1.8 |
| September | 3.7% | +0.5 |
| October | 3.7% | +0.2 |
| November | 3.3% | -0.8 |
| December | 3.3% | -1.1 |
| Average | 4.1% |
Data source
Data from OECD. Last updated: 24/11/2025.