South Africa'S Current Inflation Rate 2024. South africa’s annual inflation rate eased for the third month to 4.4% in august 2024, down from 4.6% in the prior month and below the expected 4.5%. “inflation is at a low 2.8% thanks to a 20% decline in the fuel price, bolstered by the strengthening of the rand since the national elections, but that inflation is expected to.
Economic growth, inflation, and central bank rate cuts. Growth is expected to quicken somewhat in the last two quarters of 2024, particularly as the tailwinds of no loadshedding, subdued inflation, and subsequent lower interest.
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