Inflation South Africa 1990

Average inflation: 14.3%

Inflation in 1990

Inflation is very high at 14.3%, far above the ECB target.

Peak and Trough

The highest inflation was in January at 15.3%. The lowest inflation was in July at 13.1%.

Highest month
January: 15.3%
Lowest month
July: 13.1%
Difference
2.2 percentage points
Months with data
12 of 12

Historical Context

Inflation is 1.0 percentage points lower than the 5-year average of 15.3%.

5-year average
15.3%
10-year average
14.7%
All-time high (1986)
18.7%
All-time low (1971)
6%

Trend

Over the period 1988-1990, inflation shows an upward trend. Compared to 1989, inflation has fallen by 0.4 percentage points.

Change vs. previous year
-0.4 percentage points
Largest monthly swing
July: -2.3 percentage points

ECB Target

Inflation is 12.3 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 114.30 next year at this inflation rate.

Multi-year trend

Monthly figures 1990

Inflation by category

Food and non-alcoholic beverages
16.0%
+1.7 vs avg.

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

Month overview

Month Inflation Difference vs. 1989
January 15.3% +1.9
February 15.1% +1.5
March 14.9% +1.2
April 14.4% +0.2
May 13.9% -0.8
June 13.5% -2.1
July 13.1% -2.3
August 13.5% -2.0
September 14.4% -0.7
October 14.3% -0.3
November 15.1% +0.1
December 14.4% -1.1
Average 14.3%

Data source

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

See also