Inflation Rate South Africa 2024 Predictions. “even if the average in 2024 is considered at 4.4%, that implies a real repo rate of 3.6%, which is close to a full percentage point above the sarb’s perceived neutral interest rate. “we take all the good news we can get, like the fact that annual consumer price inflation for october was only 2.8%, down from 3.8% in september 2024.
Core consumer prices in south africa increased 3.90 percent in october of 2024 over the same month in the previous year. “we take all the good news we can get, like the fact that annual consumer price inflation for october was only 2.8%, down from 3.8% in september 2024.