Current Inflation Rate 2024 South Africa 2024. Inflation has remained within the 5% to 6% range for the past. Cost of food in south africa increased 4.50 percent in july of 2024 over the same month in the previous year.
Compare food inflation by country. South africa’s headline inflation rate eased for the second consecutive month in april 2024, falling to 5.2% from 5.3% in march.