Inflation South Africa 1995

Average inflation: 8.7%

Current Inflation

Inflation is very high at 8.7%, far above the ECB target.

Peak and Trough

The highest inflation was in April at 11.1%. The lowest inflation was in October at 6.4%.

Highest month
April: 11.1%
Lowest month
October: 6.4%
Difference
4.7 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 9.2%. The lowest price increase was in Food and non-alcoholic beverages with an average of 9.2%.

Highest increase
Food and non-alcoholic beverages: 9.2%
Lowest increase
Food and non-alcoholic beverages: 9.2%

Historical Context

Current inflation is 2.6% lower than the 5-year average of 11.3%. This approaches the lowest level since records began (8.7% in 1995).

5-year average
11.3%
10-year average
13.3%
All-time high (1986)
18.7%
All-time low (1995)
8.7%

Trend

Inflation has remained relatively stable. Compared to 1994, the difference is minimal (-0.2 percentage point).

Change vs. previous year
-0.2 percentage points
Largest monthly swing
April: +4.2 percentage points

ECB Target

Inflation is 6.7% 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 €108.70 next year at this inflation rate.

Multi-year trend

Monthly figures 1995

Inflation by category

Food and non-alcoholic beverages
9.2%
+0.5vs avg.
More details →

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

Month overview

Month Inflation Difference vs. 1994
January 9.7% -0.3
February 9.8% -0.1
March 10.4% +1.3
April 11.1% +4.2
May 10.9% +3.7
June 10.0% +2.7
July 9.0% +0.9
August 7.7% -1.5
September 6.6% -3.5
October 6.4% -3.3
November 6.4% -3.5
December 6.9% -2.9
Average 8.7%

Data source

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

See also