Inflation South Africa 1984
Average inflation: 11.5%
Inflation in 1984
Inflation is very high at 11.5%, far above the ECB target.
Peak and Trough
The highest inflation was in December at 13.2%. The lowest inflation was in February at 9.7%.
- Highest month
- December: 13.2%
- Lowest month
- February: 9.7%
- Difference
- 3.5 percentage points
- Months with data
- 12 of 12
Historical Context
Inflation is 2.0 percentage points lower than the 5-year average of 13.5%.
- 5-year average
- 13.5%
- 10-year average
- 12.8%
- All-time high (1981)
- 15.3%
- All-time low (1968)
- 2%
Trend
Over the period 1982-1984, inflation shows a downward trend. Compared to 1983, inflation has fallen by 0.9 percentage points.
- Change vs. previous year
- -0.9 percentage points
- Largest monthly swing
- February: -5.1 percentage points
ECB Target
Inflation is 9.5 percentage points 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 ZAR 100 this year will cost approximately ZAR 111.50 next year at this inflation rate.
Multi-year trend
Monthly figures 1984
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 1983 |
|---|---|---|
| January | 10.5% | -3.8 |
| February | 9.7% | -5.1 |
| March | 10.3% | -2.7 |
| April | 10.8% | -2.1 |
| May | 11.3% | -1.5 |
| June | 11.9% | -0.1 |
| July | 11.8% | -0.8 |
| August | 11.7% | -0.7 |
| September | 11.6% | 0.0 |
| October | 12.7% | +2.0 |
| November | 12.6% | +2.0 |
| December | 13.2% | +2.6 |
| Average | 11.5% |
Data source
Data from OECD. Last updated: 19/12/2025.