Inflation South Africa 2009

Average inflation: 7.3%

Inflation in 2009

Inflation is very high at 7.3%, far above the ECB target.

Peak and Trough

The highest inflation was in March at 9.2%. The lowest inflation was in October at 5.5%.

Highest month
March: 9.2%
Lowest month
October: 5.5%
Difference
3.7 percentage points
Months with data
12 of 12

Category Insights

The highest price increase was in Miscellaneous goods and services with an average of 11.7%. The lowest price increase was in Transport with an average of -0.4%.

Highest increase
Miscellaneous goods and services: 11.7%
Lowest increase
Transport: -0.4%

Historical Context

Inflation is 1.6 percentage points higher than the 5-year average of 5.7%.

5-year average
5.7%
10-year average
5.4%
All-time high (1991)
15.3%
All-time low (2004)
-0.7%

Trend

Over the period 2007-2009, inflation shows an upward trend. Compared to 2008, inflation has fallen by 2.6 percentage points.

Change vs. previous year
-2.6 percentage points
Largest monthly swing
September: -5.0 percentage points

ECB Target

Inflation is 5.3 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 107.30 next year at this inflation rate.

Multi-year trend

Monthly figures 2009

Inflation by category

Food and non-alcoholic beverages
9.6%
+2.3 vs avg.
Alcoholic beverages, tobacco and narcotics
11.1%
+3.8 vs avg.
Clothing and footwear
4.8%
-2.5 vs avg.
Housing, water, electricity, gas and other fuels
8.2%
+0.9 vs avg.
Furnishings, household equipment and maintenance
6.0%
-1.3 vs avg.
Health
10.7%
+3.4 vs avg.
Transport
-0.4%
-7.7 vs avg.
Communication
0.5%
-6.8 vs avg.
Recreation and culture
11.4%
+4.1 vs avg.
Education
9.4%
+2.1 vs avg.
Restaurants and hotels
11.0%
+3.7 vs avg.
Miscellaneous goods and services
11.7%
+4.4 vs avg.

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

Month overview

Month Inflation Difference vs. 2008
January 8.4% +0.1
February 9.1% +0.4
March 9.2% -0.3
April 8.9% -0.4
May 8.4% -1.2
June 7.3% -3.0
July 6.5% -4.6
August 6.3% -4.9
September 6.0% -5.0
October 5.5% -5.0
November 5.5% -4.7
December 6.2% -3.0
Average 7.3%

Data source

Data from OECD. Last updated: 13/01/2026.

See also