Current Inflation Rate South Africa 2024. It measures changes in the average level of prices over a. South africa’s central bank may find it difficult to achieve and sustain an inflation rate of 4.5% over the next few years as infrastructure backlogs and fiscal constraints.

It measures changes in the average level of prices over a. National government spending topped r2,04 trillion in the 2022/23 financial year, representing a rise of 6,1% from r1,92 trillion in 2021/22.