Inflation South Africa 2011
Average inflation: 5.0%
Current Inflation
Inflation is very high at 5.0%, far above the ECB target.
Peak and Trough
The highest inflation was in October at 6.3%. The lowest inflation was in February at 3.5%.
- Highest month
- October: 6.3%
- Lowest month
- February: 3.5%
- Difference
- 2.8 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Education with an average of 8.8%. The lowest price increase was in Communication with an average of -1.9%.
- Highest increase
- Education: 8.8%
- Lowest increase
- Communication: -1.9%
Historical Context
Current inflation is 1.5% lower than the 5-year average of 6.5%.
- 5-year average
- 6.5%
- 10-year average
- 5.3%
- All-time high (1992)
- 14%
- All-time low (2004)
- -0.7%
Trend
Inflation shows a downward trend. Compared to 2010, inflation has fallen by +0.9 percentage point.
- Change vs. previous year
- +0.9 percentage points
- Largest monthly swing
- December: +3.0 percentage points
ECB Target
Inflation is 3.0% 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 €105.00 next year at this inflation rate.
Multi-year trend
Monthly figures 2011
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2010 |
|---|---|---|
| January | 3.8% | -1.9 |
| February | 3.5% | -2.0 |
| March | 3.9% | -0.8 |
| April | 4.3% | 0.0 |
| May | 4.5% | +0.2 |
| June | 5.1% | +1.3 |
| July | 5.1% | +1.3 |
| August | 5.1% | +1.7 |
| September | 5.9% | +2.7 |
| October | 6.3% | +2.9 |
| November | 6.1% | +2.5 |
| December | 6.3% | +3.0 |
| Average | 5.0% |
Data source
Data from OECD. Last updated: 13/01/2026.