Current Inflation Rate 2024 South Africa. Export entire page or individual visualizations to excel (.xlsx), powerpoint (.pptx), pdf or image (.png). This is lower than the 1,0% increase in february.

South africa’s unemployment rate rose to 33.5% in the second quarter of 2024 from 32.9% in the first quarter. South africa’s economic growth outlook for 2024, at 1.0% y/y, is stronger than 2023’s likely 0.5% y/y outcome, with 2024 expected to see the start of an interest rate cutting cycle, as well as lower inflation on average, and improvements to infrastructure.