Inflation South Africa 1967
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 July at 4.6%. The lowest inflation was in December at 2.3%.
- Highest month
- July: 4.6%
- Lowest month
- December: 2.3%
- Difference
- 2.3 percentage points
- Months with data
- 12 of 12
Historical Context
Current inflation is 0.5% higher than the 5-year average of 3.0%.
- 5-year average
- 3%
- 10-year average
- 2.4%
- All-time high (1965)
- 4.1%
- All-time low (1962)
- 1.2%
Trend
Inflation has remained relatively stable. Compared to 1966, the difference is minimal (+0.0 percentage point).
- Change vs. previous year
- +0.0 percentage points
- Largest monthly swing
- August: +1.9 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 1967
Month overview
| Month | Inflation | Difference vs. 1966 |
|---|---|---|
| January | 3.8% | +0.5 |
| February | 3.2% | -0.7 |
| March | 3.8% | +0.2 |
| April | 3.8% | +0.5 |
| May | 4.3% | +1.3 |
| June | 4.0% | +0.7 |
| July | 4.6% | +1.6 |
| August | 4.6% | +1.9 |
| September | 3.1% | -1.0 |
| October | 2.5% | -1.6 |
| November | 2.5% | -1.3 |
| December | 2.3% | -1.5 |
| Average | 3.5% |
Data source
Data from OECD. Last updated: 24/11/2025.