Current Inflation Rate South Africa June 2024

Current Inflation Rate South Africa June 2024. 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. In june 2024, the monthly inflation rate was 0.09.


Current Inflation Rate South Africa June 2024

Although on the right path, and well within the sarb’s historic target band, inflation remains above the 4.5% target level. The fed tracks the pce price measures for monetary policy.

Current Inflation Rate South Africa June 2024 Images References :