The Consumer Price Index in South Africa increased 0.70 percent in May of 2026 over the previous month. Inflation Rate MoM in South Africa averaged 0.62 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 1.50 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
2026-05-20 08:00 AM
Inflation Rate MoM
Apr 1.1% 0.6% 1.4%
2026-06-17 08:00 AM
Inflation Rate MoM
May 0.7% 1.1% 2.0%
2026-07-22 08:00 AM
Inflation Rate MoM
Jun 0.7% 1.5%



Components Last Previous Unit Reference
Core Consumer Prices 105.80 105.60 points May 2026
Core Inflation Rate YoY 3.80 3.60 percent May 2026
Core Inflation Rate MoM 0.20 0.50 percent May 2026
CPI Housing Utilities 106.00 105.80 points May 2026
CPI Transportation 109.50 105.20 points May 2026
Food Inflation 1.90 2.90 percent May 2026

Related Last Previous Unit Reference
Consumer Price Index CPI 106.70 106.00 points May 2026
Inflation Rate YoY 4.50 4.00 percent May 2026
Inflation Rate MoM 0.70 1.10 percent May 2026
PPI MoM 2.60 3.00 percent May 2026
Producer Prices 110.40 107.60 points May 2026
PPI YoY 7.80 4.80 percent May 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
0.70 1.10 6.70 -0.70 1960 - 2026 percent Monthly