Inflation South Africa 2025
Average inflation: 3.1%
Current Inflation
Inflation is high at 3.1%, well above the ECB target.
Peak and Trough
The highest inflation was in January at 3.1%. The lowest inflation was in January at 3.1%.
- Highest month
- January: 3.1%
- Lowest month
- January: 3.1%
- Difference
- 0.0 percentage points
- Months with data
- 1 of 12
Historical Context
Current inflation is 1.9% lower than the 5-year average of 5.0%. This approaches the lowest level since records began (3.1% in 2025).
- 5-year average
- 5%
- 10-year average
- 4.9%
- All-time high (2008)
- 9.9%
- All-time low (2025)
- 3.1%
Trend
Inflation shows a downward trend. Compared to 2024, inflation has fallen by +1.3 percentage point.
- Change vs. previous year
- -1.3 percentage points
- Largest monthly swing
- January: -2.3 percentage points
ECB Target
Inflation is 1.1% 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 €103.10 next year at this inflation rate.
Multi-year trend
Monthly figures 2025
Month overview
| Month | Inflation | Difference vs. 2024 |
|---|---|---|
| January | 3.1% | -2.3 |
| Average | 3.1% |
Data source
Data from OECD. Last updated: 24/11/2025.Not all months available yet.