Inflation South Africa 2015
Average inflation: 4.5%
Current Inflation
Inflation is high at 4.5%, well above the ECB target.
Peak and Trough
The highest inflation was in December at 5.2%. The lowest inflation was in February at 4.0%.
- Highest month
- December: 5.2%
- Lowest month
- February: 4.0%
- Difference
- 1.2 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Education with an average of 9.3%. The lowest price increase was in Transport with an average of -1.0%.
- Highest increase
- Education: 9.3%
- Lowest increase
- Transport: -1.0%
Historical Context
Current inflation is 0.9% lower than the 5-year average of 5.4%.
- 5-year average
- 5.4%
- 10-year average
- 5.8%
- All-time high (2008)
- 9.9%
- All-time low (2004)
- -0.7%
Trend
Inflation shows a downward trend. Compared to 2014, inflation has fallen by +1.6 percentage point.
- Change vs. previous year
- -1.6 percentage points
- Largest monthly swing
- May: -2.3 percentage points
ECB Target
Inflation is 2.5% 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 €104.50 next year at this inflation rate.
Multi-year trend
Monthly figures 2015
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2014 |
|---|---|---|
| January | 4.6% | -1.0 |
| February | 4.0% | -1.9 |
| March | 4.2% | -1.6 |
| April | 4.5% | -1.8 |
| May | 4.4% | -2.3 |
| June | 4.6% | -2.2 |
| July | 4.7% | -1.9 |
| August | 4.4% | -2.2 |
| September | 4.4% | -1.6 |
| October | 4.5% | -1.5 |
| November | 4.7% | -1.1 |
| December | 5.2% | -0.3 |
| Average | 4.5% |
Data source
Data from OECD. Last updated: 13/01/2026.