Inflation South Africa 1991

Average inflation: 15.3%

Inflation in 1991

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

Peak and Trough

The highest inflation was in October at 16.6%. The lowest inflation was in March at 14.2%.

Highest month
October: 16.6%
Lowest month
March: 14.2%
Difference
2.4 percentage points
Months with data
12 of 12

Historical Context

Inflation is 0.6 percentage points higher than the 5-year average of 14.7%.

5-year average
14.7%
10-year average
14.7%
All-time high (1986)
18.7%
All-time low (1972)
6.4%

Trend

Over the period 1989-1991, inflation has remained relatively stable. Compared to 1990, inflation has risen by 1.0 percentage points.

Change vs. previous year
+1.0 percentage points
Largest monthly swing
July: +2.7 percentage points

ECB Target

Inflation is 13.3 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 115.30 next year at this inflation rate.

Multi-year trend

Monthly figures 1991

Inflation by category

Food and non-alcoholic beverages
19.5%
+4.2 vs avg.

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

Month overview

Month Inflation Difference vs. 1990
January 14.3% -1.0
February 14.9% -0.2
March 14.2% -0.7
April 14.8% +0.4
May 15.3% +1.4
June 15.2% +1.7
July 15.8% +2.7
August 15.6% +2.1
September 15.3% +0.9
October 16.6% +2.3
November 15.4% +0.3
December 16.4% +2.0
Average 15.3%

Data source

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

See also