The Consumer Price Index in South Africa increased 0.20 percent in July of 2026 over the previous month. Inflation Rate MoM in South Africa averaged 0.61 percent from 1960 until 2026, reaching an all time high of 6.70 percent in April of 1964 and a record low of -0.70 percent in October of 2003. source: Statistics South Africa

Inflation Rate MoM in South Africa is expected to be 0.70 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the South Africa Inflation Rate MoM is projected to trend around -0.20 percent in 2027 and 0.30 percent in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-07-22 08:00 AM
Inflation Rate MoM
Jun 0.7% 0.7% 0.8%
2026-08-19 08:00 AM
Inflation Rate MoM
Jul 0.2% 0.7% 0.3%
2026-09-23 08:00 AM
Inflation Rate MoM
Aug 0.2%



Components Last Previous Unit Reference
Core Consumer Prices 106.90 106.40 points Jul 2026
Core Inflation Rate YoY 4.20 4.10 percent Jul 2026
Core Inflation Rate MoM 0.50 0.60 percent Jul 2026
CPI Housing Utilities 109.10 106.80 points Jul 2026
CPI Transportation 109.70 112.70 points Jul 2026
Food Inflation 0.90 1.60 percent Jul 2026

Related Last Previous Unit Reference
Consumer Price Index CPI 107.70 107.50 points Jul 2026
Inflation Rate YoY 4.30 5.00 percent Jul 2026
Inflation Rate MoM 0.20 0.70 percent Jul 2026
PPI MoM -0.10 2.60 percent Jun 2026
Producer Prices 110.30 110.40 points Jun 2026
PPI YoY 7.50 7.80 percent Jun 2026


South Africa Inflation Rate MoM
Inflation Rate MoM measures month over month change in the price of goods and services.
Actual Previous Highest Lowest Dates Unit Frequency
0.20 0.70 6.70 -0.70 1960 - 2026 percent Monthly