Inflation South Africa 1992

Average inflation: 14.0%

Current Inflation

Inflation is very high at 14.0%, far above the ECB target.

Peak and Trough

The highest inflation was in January at 16.2%. The lowest inflation was in December at 9.5%.

Highest month
January: 16.2%
Lowest month
December: 9.5%
Difference
6.7 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 25.6%. The lowest price increase was in Food and non-alcoholic beverages with an average of 25.6%.

Highest increase
Food and non-alcoholic beverages: 25.6%
Lowest increase
Food and non-alcoholic beverages: 25.6%

Historical Context

Current inflation is around the 5-year average of 14.2%.

5-year average
14.2%
10-year average
14.6%
All-time high (1986)
18.7%
All-time low (1973)
9.5%

Trend

Inflation has remained relatively stable. Compared to 1991, the difference is minimal (-1.3 percentage point).

Change vs. previous year
-1.3 percentage points
Largest monthly swing
December: -6.9 percentage points

ECB Target

Inflation is 12.0% 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 €114.00 next year at this inflation rate.

Multi-year trend

Monthly figures 1992

Inflation by category

Food and non-alcoholic beverages
25.6%
+11.6vs avg.
More details →

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

Month overview

Month Inflation Difference vs. 1991
January 16.2% +1.9
February 15.8% +0.9
March 15.6% +1.4
April 15.4% +0.6
May 14.6% -0.7
June 15.1% -0.1
July 14.7% -1.1
August 14.3% -1.3
September 13.5% -1.8
October 11.7% -4.9
November 11.2% -4.2
December 9.5% -6.9
Average 14.0%

Data source

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

See also