Inflation Rate 2024 South Africa 2024. Inflation eases for a second consecutive month. Inflation expectations in south africa decreased to 4.80 percent in the third quarter of 2024 from 5 percent in the second quarter of 2024.
Power cuts seen shaving 0.6 pct points off 2024 growth. Government has welcomed the announcement by the south african reserve bank to cut the repo rate by 25 basis points to 8%.