The core inflation rate in South Africa, which excludes prices of food, non-alcoholic beverages, fuel, and energy, rose to 3.8% year-on-year in May 2026 from 3.6% in the previous month. This marked the highest reading since October 2024. On a monthly basis, core consumer prices increased by 0.2% in April, easing from 0.5% increase in April 2026. source: Statistics South Africa
Core consumer prices in South Africa increased 3.80 percent in May 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 3.80 percent in May 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.