Current Inflation Rate 2024 South African Government. Consumer inflation remains above 5% annual consumer inflation declined to 5,3% in march after climbing for the first two months of the year. After burning a hole in households’ food budgets for much of 2024, egg inflation descended into deflationary.
The global economy remains resilient, despite differences in the strength of activity and incomes across countries and sectors. The current inflation rate in south africa is 2.83%, which is calculated based on cpi (consumer price index) values for the last 12 months ending in october 2024.
