Inflation South Africa 1968
Average inflation: 2.0%
Inflation in 1968
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
Inflation is 1.1 percentage points 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
Over the period 1966-1968, inflation shows a downward trend. Compared to 1967, inflation has fallen by 1.5 percentage points.
- 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 ZAR 100 this year will cost approximately ZAR 102 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.