Core consumer prices in South Africa increased 3 percent in February of 2026 over the same month in the previous year. Core Inflation Rate in South Africa averaged 4.55 percent from 2009 until 2026, 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. source: Statistics South Africa

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
2026-02-18 08:00 AM
Core Inflation Rate YoY
Jan 3.4% 3.3% 3.4%
2026-03-18 08:00 AM
Core Inflation Rate YoY
Feb 3% 3.4% 3.3%
2026-04-22 08:00 AM
Core Inflation Rate YoY
Mar 3% 3.2%


Related Last Previous Unit Reference
Consumer Price Index CPI 104.20 103.80 points Feb 2026
Core Consumer Prices 104.30 103.60 points Feb 2026
Core Inflation Rate YoY 3.00 3.40 percent Feb 2026
Core Inflation Rate MoM 0.70 0.30 percent Feb 2026
CPI Clothing and Footwear 101.40 101.30 points Feb 2026
CPI Education Services 104.50 104.50 points Feb 2026
CPI Food and Non-Alcoholic Beverages 104.50 104.80 points Feb 2026
CPI Housing Utilities 104.90 104.90 points Feb 2026
CPI Recreation, Sport and Culture 103.50 102.80 points Feb 2026
CPI Restaurants and Hotels 104.80 104.20 points Feb 2026
CPI Transportation 99.10 99.90 points Feb 2026
Food Inflation 3.70 4.40 percent Feb 2026
Inflation Rate YoY 3.00 3.50 percent Feb 2026
Inflation Rate MoM 0.40 0.20 percent Feb 2026
PPI MoM -0.20 0.20 percent Jan 2026
Producer Prices 103.40 103.60 points Jan 2026
PPI YoY 2.20 2.90 percent Jan 2026


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
3.00 3.40 8.40 2.50 2009 - 2026 percent Monthly