The annual core inflation rate in South Africa, which excludes food, non-alcoholic beverages, fuel, and energy, edged up to 3.3% in December 2025 from 3.2% in the previous month. This marked the highest reading since February 2025. On a monthly basis, core consumer prices rose by 0.1%, unchanged from November. source: Statistics South Africa

Core consumer prices in South Africa increased 3.30 percent in December of 2025 over the same month in the previous year. Core Inflation Rate in South Africa averaged 4.57 percent from 2009 until 2025, reaching an all time high of 8.40 percent in May of 2009 and a record low of 2.50 percent in February of 2021. This page provides the latest reported value for - South Africa Core Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. South Africa Core Inflation Rate - data, historical chart, forecasts and calendar of releases - was last updated on February of 2026.

Core consumer prices in South Africa increased 3.30 percent in December of 2025 over the same month in the previous year. Core Inflation Rate in South Africa is expected to be 3.20 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the South Africa Core Inflation Rate is projected to trend around 3.10 percent in 2027 and 3.00 percent in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2025-12-17 08:00 AM
Core Inflation Rate YoY
Nov 3.2% 3.1% 3.2%
2026-01-21 08:00 AM
Core Inflation Rate YoY
Dec 3.3% 3.2% 3.2%
2026-02-18 08:00 AM
Core Inflation Rate YoY
Jan 3.3%


Related Last Previous Unit Reference
Consumer Price Index CPI 103.60 103.40 points Dec 2025
Core Consumer Prices 103.30 103.20 points Dec 2025
Core Inflation Rate YoY 3.30 3.20 percent Dec 2025
Core Inflation Rate MoM 0.10 0.10 percent Dec 2025
CPI Clothing and Footwear 101.20 101.10 points Dec 2025
CPI Education Services 104.50 104.50 points Dec 2025
CPI Food and Non-Alcoholic Beverages 104.40 104.20 points Dec 2025
CPI Housing Utilities 104.90 104.30 points Dec 2025
CPI Recreation, Sport and Culture 102.50 102.60 points Dec 2025
CPI Restaurants and Hotels 102.90 103.50 points Dec 2025
CPI Transportation 101.00 100.30 points Dec 2025
Food Inflation 4.40 4.40 percent Dec 2025
Inflation Rate YoY 3.60 3.50 percent Dec 2025
Inflation Rate MoM 0.20 -0.10 percent Dec 2025
PPI MoM 0.20 0.00 percent Dec 2025
Producer Prices 103.60 103.40 points Dec 2025
PPI YoY 2.90 2.90 percent Dec 2025


South Africa Core Inflation Rate
In South Africa, core consumer prices measure a broad rise or fall in prices that consumers pay for a standard basket of goods, excluding volatile items such as food and non-alcoholic beverages, fuel and energy.
Actual Previous Highest Lowest Dates Unit Frequency
3.30 3.20 8.40 2.50 2009 - 2025 percent Monthly