The core inflation rate in South Africa, which excludes prices of food, non-alcoholic beverages, fuel, and energy, rose to 3.6% year-on-year in April 2026 from 3.2% in the previous month. This marked the highest reading since December 2024. On a monthly basis, core consumer prices increased by 0.5% in April, easing from a thirteen-month high of 0.8% in March 2026. source: Statistics South Africa

Core consumer prices in South Africa increased 3.60 percent in April of 2026 over the same month in the previous year. Core Inflation Rate in South Africa averaged 4.54 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. 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 June of 2026.

Core consumer prices in South Africa increased 3.60 percent in April of 2026 over the same month in the previous year. Core Inflation Rate in South Africa is expected to be 3.70 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 3.70 percent in 2027 and 3.10 percent in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-04-22 08:00 AM
Core Inflation Rate YoY
Mar 3.2% 3% 3.6%
2026-05-20 08:00 AM
Core Inflation Rate YoY
Apr 3.6% 3.2% 3.9%
2026-06-17 08:00 AM
Core Inflation Rate YoY
May 3.6% 4.3%


Related Last Previous Unit Reference
Consumer Price Index CPI 106.00 104.80 points Apr 2026
Core Consumer Prices 105.60 105.10 points Apr 2026
Core Inflation Rate YoY 3.60 3.20 percent Apr 2026
Core Inflation Rate MoM 0.50 0.80 percent Apr 2026
CPI Clothing and Footwear 101.70 101.60 points Apr 2026
CPI Education Services 110.10 110.10 points Apr 2026
CPI Food and Non-Alcoholic Beverages 105.20 104.50 points Apr 2026
CPI Housing Utilities 105.80 105.70 points Apr 2026
CPI Recreation, Sport and Culture 104.30 104.10 points Apr 2026
CPI Restaurants and Hotels 105.30 106.50 points Apr 2026
CPI Transportation 105.20 99.70 points Apr 2026
Food Inflation 2.90 3.60 percent Apr 2026
Inflation Rate YoY 4.00 3.10 percent Apr 2026
Inflation Rate MoM 1.10 0.60 percent Apr 2026
PPI MoM 3.00 1.10 percent Apr 2026
Producer Prices 107.60 104.50 points Apr 2026
PPI YoY 4.80 2.30 percent Apr 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
3.60 3.20 8.40 2.50 2009 - 2026 percent Monthly