Inflation South Africa 1966
Average inflation: 3.5%
Current Inflation
Inflation is high at 3.5%, well above the ECB target.
Peak and Trough
The highest inflation was in September at 4.1%. The lowest inflation was in August at 2.7%.
- Highest month
- September: 4.1%
- Lowest month
- August: 2.7%
- Difference
- 1.4 percentage points
- Months with data
- 12 of 12
Historical Context
Current inflation is 1.0% higher than the 5-year average of 2.5%.
- 5-year average
- 2.5%
- 10-year average
- 2.3%
- All-time high (1965)
- 4.1%
- All-time low (1962)
- 1.2%
Trend
Inflation has remained relatively stable. Compared to 1965, the difference is minimal (-0.6 percentage point).
- Change vs. previous year
- -0.6 percentage points
- Largest monthly swing
- August: -1.6 percentage points
ECB Target
Inflation is 1.5% 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 €103.50 next year at this inflation rate.
Multi-year trend
Monthly figures 1966
Month overview
| Month | Inflation | Difference vs. 1965 |
|---|---|---|
| January | 3.3% | -1.4 |
| February | 3.9% | -0.8 |
| March | 3.6% | -0.5 |
| April | 3.3% | -1.1 |
| May | 3.0% | -1.4 |
| June | 3.3% | -1.0 |
| July | 3.0% | -1.0 |
| August | 2.7% | -1.6 |
| September | 4.1% | +0.4 |
| October | 4.1% | +0.4 |
| November | 3.8% | +0.5 |
| December | 3.8% | +0.5 |
| Average | 3.5% |
Data source
Data from OECD. Last updated: 24/11/2025.