Inflation South Africa 1986

Average inflation: 18.7%

Current Inflation

Inflation is very high at 18.7%, far above the ECB target.

Peak and Trough

The highest inflation was in January at 20.9%. The lowest inflation was in June at 16.8%.

Highest month
January: 20.9%
Lowest month
June: 16.8%
Difference
4.1 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 20.2%. The lowest price increase was in Food and non-alcoholic beverages with an average of 20.2%.

Highest increase
Food and non-alcoholic beverages: 20.2%
Lowest increase
Food and non-alcoholic beverages: 20.2%

Historical Context

Current inflation is 4.0% higher than the 5-year average of 14.7%. This approaches the highest level since records began (18.7% in 1986).

5-year average
14.7%
10-year average
13.8%
All-time high (1986)
18.7%
All-time low (1968)
2%

Trend

Inflation shows an upward trend. Compared to 1985, inflation has risen by +2.4 percentage point.

Change vs. previous year
+2.4 percentage points
Largest monthly swing
January: +7.2 percentage points

ECB Target

Inflation is 16.7% 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 €118.70 next year at this inflation rate.

Multi-year trend

Monthly figures 1986

Inflation by category

Food and non-alcoholic beverages
20.2%
+1.5vs avg.
More details →

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

Month overview

Month Inflation Difference vs. 1985
January 20.9% +7.2
February 17.7% +1.2
March 19.2% +4.1
April 18.2% +2.2
May 17.1% +1.3
June 16.8% -0.1
July 18.7% +2.6
August 19.0% +3.1
September 19.6% +2.7
October 19.4% +2.7
November 19.1% +2.1
December 18.3% -0.2
Average 18.7%

Data source

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

See also