Inflation South Africa 1993
Average inflation: 9.7%
Inflation in 1993
Inflation is very high at 9.7%, far above the ECB target.
Peak and Trough
The highest inflation was in April at 11.2%. The lowest inflation was in September at 8.9%.
- Highest month
- April: 11.2%
- Lowest month
- September: 8.9%
- Difference
- 2.3 percentage points
- Months with data
- 12 of 12
Historical Context
Inflation is 3.9 percentage points lower than the 5-year average of 13.6%. This approaches the lowest level since records began (9.7% in 1993).
- 5-year average
- 13.6%
- 10-year average
- 14.3%
- All-time high (1986)
- 18.7%
- All-time low (1993)
- 9.7%
Trend
Over the period 1991-1993, inflation shows a downward trend. Compared to 1992, inflation has fallen by 4.3 percentage points.
- Change vs. previous year
- -4.3 percentage points
- Largest monthly swing
- February: -6.8 percentage points
ECB Target
Inflation is 7.7 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 109.70 next year at this inflation rate.
Multi-year trend
Monthly figures 1993
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 1992 |
|---|---|---|
| January | 9.6% | -6.6 |
| February | 9.0% | -6.8 |
| March | 9.6% | -6.0 |
| April | 11.2% | -4.2 |
| May | 10.7% | -3.9 |
| June | 10.1% | -5.0 |
| July | 10.0% | -4.7 |
| August | 9.3% | -5.0 |
| September | 8.9% | -4.6 |
| October | 9.6% | -2.1 |
| November | 9.2% | -2.0 |
| December | 9.5% | 0.0 |
| Average | 9.7% |
Data source
Data from OECD. Last updated: 19/12/2025.