Current Inflation Rate 2024 South Africa Graph. Consumer price index cpi in south africa averaged 32.53 points from 1960 until 2024, reaching an all time high of 116.00 points in august of 2024 and a record low of 1.20 points in february. Annual consumer price inflation pulled back in december, easing to 5,1% from 5,5% in november and 5,9% in october.

It was the lowest reading since july last. Most product groups registered higher annual.