Inflation South Africa 1977
Average inflation: 11.2%
Current Inflation
Inflation is very high at 11.2%, far above the ECB target.
Peak and Trough
The highest inflation was in January at 12.5%. The lowest inflation was in August at 10.0%.
- Highest month
- January: 12.5%
- Lowest month
- August: 10.0%
- Difference
- 2.5 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Food and non-alcoholic beverages with an average of 11.2%. The lowest price increase was in Food and non-alcoholic beverages with an average of 11.2%.
- Highest increase
- Food and non-alcoholic beverages: 11.2%
- Lowest increase
- Food and non-alcoholic beverages: 11.2%
Historical Context
Current inflation is around the 5-year average of 11.4%.
- 5-year average
- 11.4%
- 10-year average
- 8%
- All-time high (1975)
- 13.5%
- All-time low (1962)
- 1.2%
Trend
Inflation shows a downward trend. Compared to 1976, inflation has fallen by +0.2 percentage point.
- Change vs. previous year
- +0.2 percentage points
- Largest monthly swing
- August: -2.9 percentage points
ECB Target
Inflation is 9.2% above the ECB target of 2.0%. This means purchasing power is declining faster than intended.
Purchasing Power
At this high inflation rate, purchasing power rapidly decreases. This has a major impact on households, especially without adequate salary increases.
What you could buy for €100 this year will cost approximately €111.20 next year at this inflation rate.
Multi-year trend
Monthly figures 1977
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 1976 |
|---|---|---|
| January | 12.5% | +2.2 |
| February | 10.8% | +0.6 |
| March | 10.6% | -1.3 |
| April | 11.9% | +0.2 |
| May | 11.9% | +0.2 |
| June | 10.3% | -1.2 |
| July | 11.8% | +2.1 |
| August | 10.0% | -2.9 |
| September | 10.0% | -1.1 |
| October | 11.4% | +0.3 |
| November | 11.4% | +2.0 |
| December | 11.3% | +0.4 |
| Average | 11.2% |
Data source
Data from OECD. Last updated: 19/12/2025.