Inflation South Africa 2007
Average inflation: 6.2%
Inflation in 2007
Inflation is very high at 6.2%, far above the ECB target.
Peak and Trough
The highest inflation was in December at 7.6%. The lowest inflation was in February at 4.9%.
- Highest month
- December: 7.6%
- Lowest month
- February: 4.9%
- Difference
- 2.7 percentage points
- Months with data
- 12 of 12
Historical Context
Inflation is 2.9 percentage points higher than the 5-year average of 3.3%.
- 5-year average
- 3.3%
- 10-year average
- 4.9%
- All-time high (1991)
- 15.3%
- All-time low (2004)
- -0.7%
Trend
Over the period 2005-2007, inflation shows an upward trend. Compared to 2006, inflation has risen by 3.0 percentage points.
- Change vs. previous year
- +3.0 percentage points
- Largest monthly swing
- April: +4.2 percentage points
ECB Target
Inflation is 4.2 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 106.20 next year at this inflation rate.
Multi-year trend
Monthly figures 2007
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2006 |
|---|---|---|
| January | 5.2% | +3.1 |
| February | 4.9% | +2.7 |
| March | 5.3% | +3.4 |
| April | 6.0% | +4.2 |
| May | 6.0% | +3.6 |
| June | 6.0% | +2.6 |
| July | 6.2% | +2.9 |
| August | 6.2% | +2.3 |
| September | 6.5% | +2.4 |
| October | 6.9% | +2.4 |
| November | 7.2% | +2.7 |
| December | 7.6% | +2.8 |
| Average | 6.2% |
Data source
Data from OECD. Last updated: 19/12/2025.