Inflation South Africa 2006

Average inflation: 3.2%

Current Inflation

Inflation is high at 3.2%, well above the ECB target.

Peak and Trough

The highest inflation was in December at 4.8%. The lowest inflation was in April at 1.8%.

Highest month
December: 4.8%
Lowest month
April: 1.8%
Difference
3.0 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 5.9%. The lowest price increase was in Food and non-alcoholic beverages with an average of 5.9%.

Highest increase
Food and non-alcoholic beverages: 5.9%
Lowest increase
Food and non-alcoholic beverages: 5.9%

Historical Context

Current inflation is 0.8% lower than the 5-year average of 4.0%.

5-year average
4%
10-year average
5.2%
All-time high (1987)
16.2%
All-time low (2004)
-0.7%

Trend

Inflation shows an upward trend. Compared to 2005, inflation has risen by +1.1 percentage point.

Change vs. previous year
+1.1 percentage points
Largest monthly swing
December: +2.8 percentage points

ECB Target

Inflation is 1.2% above the ECB target of 2.0%. This means purchasing power is declining faster than intended.

Purchasing Power

At this inflation rate, purchasing power noticeably decreases. Without a salary increase, you can buy less with the same money.

What you could buy for €100 this year will cost approximately €103.20 next year at this inflation rate.

Multi-year trend

Monthly figures 2006

Inflation by category

Food and non-alcoholic beverages
5.9%
+2.7vs avg.
More details →

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

Month overview

Month Inflation Difference vs. 2005
January 2.1% 0.0
February 2.2% +0.4
March 1.9% 0.0
April 1.8% -0.3
May 2.4% +0.5
June 3.4% +1.8
July 3.3% +1.2
August 3.9% +1.4
September 4.1% +1.5
October 4.5% +2.1
November 4.5% +2.7
December 4.8% +2.8
Average 3.2%

Data source

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

See also