Core consumer prices in South Africa, which exclude prices of food, non-alcoholic beverages, fuel, and energy, edged up 0.8% month-on-month in March 2026 from 0.7% in the previous month, marking the highest reading since February 2025. source: Statistics South Africa

Core Inflation Rate MoM in South Africa averaged 0.38 percent from 2008 until 2026, reaching an all time high of 1.40 percent in March of 2009 and a record low of -0.20 percent in May of 2020. This page includes a chart with historical data for South Africa Core Inflation Rate MoM. South Africa Core Inflation Rate MoM - values, historical data and charts - was last updated on April of 2026.

Core Inflation Rate MoM in South Africa is expected to be 1.00 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 MoM is projected to trend around 0.30 percent in 2027, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-03-18 08:00 AM
Core Inflation Rate MoM
Feb 0.7% 0.3% 0.1%
2026-04-22 08:00 AM
Core Inflation Rate MoM
Mar 0.8% 0.7% 1.1%
2026-05-20 08:00 AM
Core Inflation Rate MoM
Apr 0.8%


Related Last Previous Unit Reference
Consumer Price Index CPI 104.80 104.20 points Mar 2026
Core Consumer Prices 105.10 104.30 points Mar 2026
Core Inflation Rate YoY 3.20 3.00 percent Mar 2026
Core Inflation Rate MoM 0.80 0.70 percent Mar 2026
CPI Clothing and Footwear 101.60 101.40 points Mar 2026
CPI Education Services 110.10 104.50 points Mar 2026
CPI Food and Non-Alcoholic Beverages 104.30 104.40 points Mar 2026
CPI Housing Utilities 105.70 104.90 points Mar 2026
CPI Recreation, Sport and Culture 104.10 103.50 points Mar 2026
CPI Restaurants and Hotels 106.50 104.80 points Mar 2026
CPI Transportation 99.70 99.10 points Mar 2026
Food Inflation 3.60 3.70 percent Mar 2026
Inflation Rate YoY 3.10 3.00 percent Mar 2026
Inflation Rate MoM 0.60 0.40 percent Mar 2026
PPI MoM 0.00 -0.20 percent Feb 2026
Producer Prices 103.40 103.40 points Feb 2026
PPI YoY 1.80 2.20 percent Feb 2026


South Africa Core Inflation Rate MoM
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
0.80 0.70 1.40 -0.20 2008 - 2026 percent Monthly
NSA