Core consumer prices in South Africa, which exclude prices of food, non-alcoholic beverages, fuel, and energy, increased by 0.6% month-on-month in June 2026 from 0.2% in the previous month. 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. source: Statistics South Africa
Core Inflation Rate MoM in South Africa is expected to be 0.40 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 and 0.40 percent in 2028, according to our econometric models.