Inflation South Africa 1968

Average inflation: 2.0%

Current Inflation

Inflation is normal at 2.0%, around the ECB target.

Peak and Trough

The highest inflation was in December at 2.8%. The lowest inflation was in August at 1.4%.

Highest month
December: 2.8%
Lowest month
August: 1.4%
Difference
1.4 percentage points
Months with data
12 of 12

Historical Context

Current inflation is 1.1% lower than the 5-year average of 3.1%.

5-year average
3.1%
10-year average
2.4%
All-time high (1965)
4.1%
All-time low (1962)
1.2%

Trend

Inflation shows a downward trend. Compared to 1967, inflation has fallen by +1.5 percentage point.

Change vs. previous year
-1.5 percentage points
Largest monthly swing
August: -3.2 percentage points

ECB Target

Inflation is close to the ECB target of 2.0%.

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 €102.00 next year at this inflation rate.

Multi-year trend

Monthly figures 1968

Month overview

Month Inflation Difference vs. 1967
January 2.0% -1.8
February 2.2% -1.0
March 2.0% -1.8
April 1.9% -1.9
May 1.7% -2.6
June 1.7% -2.3
July 1.7% -2.9
August 1.4% -3.2
September 1.9% -1.2
October 2.2% -0.3
November 2.5% 0.0
December 2.8% +0.5
Average 2.0%

Data source

Data from OECD. Last updated: 24/11/2025.

See also