Annual core inflation in South Africa, which excludes prices of food, non-alcoholic beverages, fuel and energy, edged down to 4.0% in September 2026 from 4.1% in the previous month. Core Inflation Rate in South Africa averaged 4.53 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 consumer prices in South Africa increased 4 percent in September of 2026 over the same month in the previous year.
Core consumer prices in South Africa increased 4 percent in September of 2026 over the same month in the previous year. Core Inflation Rate in South Africa is expected to be 4.10 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 4.00 percent in 2027 and 3.30 percent in 2028, according to our econometric models.