Inflation South Africa 1981

Average inflation: 15.3%

Current Inflation

Inflation is very high at 15.3%, far above the ECB target.

Peak and Trough

The highest inflation was in February at 16.7%. The lowest inflation was in December at 13.7%.

Highest month
February: 16.7%
Lowest month
December: 13.7%
Difference
3.0 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 22.2%. The lowest price increase was in Food and non-alcoholic beverages with an average of 22.2%.

Highest increase
Food and non-alcoholic beverages: 22.2%
Lowest increase
Food and non-alcoholic beverages: 22.2%

Historical Context

Current inflation is 2.4% higher than the 5-year average of 12.9%. This approaches the highest level since records began (15.3% in 1981).

5-year average
12.9%
10-year average
11.7%
All-time high (1981)
15.3%
All-time low (1962)
1.2%

Trend

Inflation shows an upward trend. Compared to 1980, inflation has risen by +1.7 percentage point.

Change vs. previous year
+1.7 percentage points
Largest monthly swing
August: +5.3 percentage points

ECB Target

Inflation is 13.3% 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 €115.30 next year at this inflation rate.

Multi-year trend

Monthly figures 1981

Inflation by category

Food and non-alcoholic beverages
22.2%
+6.9vs avg.
More details →

Inflation differs per product group. Click on a category for the historical trend.

Month overview

Month Inflation Difference vs. 1980
January 15.8% +2.3
February 16.7% +3.4
March 15.5% +2.3
April 15.4% +2.4
May 15.2% +1.1
June 14.0% -1.1
July 14.7% +2.3
August 16.5% +5.3
September 16.1% +3.0
October 14.9% +0.9
November 14.8% -0.2
December 13.7% -2.1
Average 15.3%

Data source

Data from OECD. Last updated: 19/12/2025.

See also