Core Inflation Rate in South Africa is expected to be 4.40 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Core Inflation Rate in South Africa to stand at 5.40 in 12 months time. In the long-term, the South Africa Core Inflation Rate is projected to trend around 5.50 percent in 2020, according to our econometric models.


Forecast Data Chart
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South Africa Prices Last Q4/18 Q1/19 Q2/19 Q3/19 2020
Inflation Rate 4.9 4.8 5.7 5.9 5.8 5.4
Inflation Rate Mom 0.5 0.5 0.7 0.43 0.43 0.4
Consumer Price Index CPI 109 110 112 114 115 122
Core Consumer Prices 108 109 112 113 114 121
Core Inflation Rate 4.2 4.4 5.2 5.3 5.4 5.5
Producer Prices 110 112 112 115 117 125
Producer Prices Change 6.2 6.6 6.7 6.7 6.3 5
Export Prices 151 151 151 152 151 151
Import Prices 142 142 142 142 142 142
Food Inflation 3.9 3.8 4 4 3.6 5.2
Inflation Expectations 5.59 5.58 5.65 5.66 5.63 5.63
CPI Housing Utilities 109 109 112 112 116 122
CPI Transportation 112 112 111 117 119 124