South Africa Historical Inflation Rates

The graph above displays annual inflation rates in South Africa for calendar years from 1958 to 2021. To calculate cumulative rates between two different periods, you can use the South Africa Inflation Calculator.

Historical Annual Inflation Rates from 1958

The table below contains annual inflation rates in South Africa from 1958. The 'Inflation %' column indicates how much prices have changed since the previous year.

The 5-year and 10-year columns display the rolling average of the yearly inflation. For example, the 5-year avg. on the first row indicates that between 2016 and 2021, the average inflation rate was 4.33%. These values can be useful for long-term analysis and forecasting.

Year Inflation 5-year Avg. 10-year Avg.
1958 3.13 - -
1959 0.67 - -
1960 1.34 - -
1961 1.98 - -
1962 1.62 - -
1963 0.96 1.44 -
1964 4.42 1.70 -
1965 3.32 2.25 -
1966 3.80 2.53 -
1967 2.25 2.99 -
1968 2.75 3.12 2.28
1969 3.75 3.26 2.48
1970 5.26 3.44 2.85
1971 7.50 3.93 3.23
1972 6.98 4.51 3.75
1973 8.70 5.99 4.55
1974 14.00 7.68 5.45
1975 12.28 9.35 6.36
1976 10.94 10.38 7.11
1977 11.27 11.34 7.87
1978 11.39 11.69 8.80
1979 14.77 12.00 9.82
1980 15.84 12.05 10.69
1981 13.68 12.89 11.63
1982 13.53 13.59 12.46
1983 10.60 13.83 12.75
1984 13.17 13.47 12.73
1985 18.52 13.99 13.01
1986 18.30 14.65 13.77
1987 14.72 14.96 14.27
1988 12.50 15.05 14.44
1989 15.50 15.71 14.58
1990 14.43 15.31 14.65
1991 16.37 14.66 14.66
1992 9.51 14.20 14.58
1993 9.55 13.58 14.31
1994 9.83 12.41 14.05
1995 6.93 11.28 13.28
1996 9.31 9.69 12.15
1997 6.17 8.65 11.40
1998 8.95 8.09 10.80
1999 2.24 7.33 9.84
2000 6.99 6.66 8.94
2001 4.59 6.33 8.00
2002 13.51 6.51 7.58
2003 -1.63 6.27 7.17
2004 2.20 5.05 6.19
2005 2.02 4.39 5.52
2006 4.82 3.90 5.11
2007 7.57 3.26 4.87
2008 9.34 4.11 5.18
2009 6.11 5.72 5.38
2010 3.42 6.13 5.26
2011 6.26 6.49 5.19
2012 5.73 6.40 4.82
2013 5.26 5.56 4.83
2014 5.44 5.34 5.53
2015 5.16 5.43 5.78
2016 7.03 5.75 6.12
2017 4.46 5.64 6.02
2018 4.51 5.39 5.47
2019 3.97 4.98 5.16
2020 3.06 4.71 5.07
2021 5.93 4.33 5.03

Monthly Inflation Rates (YoY) | 1958-2022

The following table contains YoY (year-over-year) inflation rates calculated from monthly CPI data publications. The value of each month indicates the rolling average inflation rate for the last 12 months.

This information is particularly useful to track inflation for the current year as it's not possible to calculate the final value until the year is over.

The values on the December column are equivalent to annual inflation rates. For example, the 5.93% rate shown under 2021 and December matches the value shown in the table above as the annual inflation rate.

Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Avg.
1958 3.94 3.94 3.93 4.64 4.27 3.90 4.24 2.78 2.07 2.07 2.78 3.13 3.47
1959 2.41 2.07 2.06 1.37 1.37 1.71 0.68 0.34 0.34 0.68 1.01 0.67 1.22
1960 0.34 0.68 0.67 1.01 1.35 1.34 1.68 2.02 2.02 1.68 1.34 1.34 1.29
1961 2.01 2.35 2.01 2.00 2.33 1.99 1.99 1.98 1.98 1.98 2.64 1.98 2.10
1962 1.64 1.31 1.64 1.63 1.30 1.30 1.30 0.97 0.97 0.97 0.32 1.62 1.25
1963 1.94 1.62 1.29 0.96 0.64 0.96 1.28 1.60 1.60 1.60 1.60 0.96 1.34
1964 0.63 0.96 1.91 2.23 2.23 2.22 2.53 2.52 3.15 3.47 4.10 4.42 2.53
1965 4.73 4.73 4.06 4.36 4.36 4.35 4.01 4.31 3.67 3.66 3.33 3.32 4.08
1966 3.31 3.92 3.60 3.28 2.99 3.27 2.97 2.65 4.13 4.12 3.81 3.80 3.49
1967 3.79 3.19 3.77 3.76 4.35 4.03 4.61 4.60 3.12 2.54 2.54 2.25 3.55
1968 1.97 2.25 1.96 1.95 1.67 1.66 1.65 1.37 1.92 2.20 2.48 2.75 1.99
1969 3.03 2.75 3.29 3.28 3.55 3.27 2.98 2.98 2.96 3.50 3.49 3.75 3.24
1970 3.48 3.48 2.65 5.08 4.80 4.80 4.52 7.20 6.64 6.09 5.81 5.26 4.98
1971 5.26 5.26 7.89 5.13 5.13 5.13 5.13 5.00 5.00 7.50 7.50 7.50 5.95
1972 7.50 7.50 4.88 4.88 4.88 4.88 7.32 7.14 7.14 6.98 6.98 6.98 6.42
1973 6.98 6.98 9.30 11.63 11.63 11.63 11.36 8.89 8.89 8.70 8.70 8.70 9.45
1974 10.87 10.87 10.64 8.33 10.42 12.50 10.20 12.24 14.29 12.00 14.00 14.00 11.70
1975 13.73 15.69 13.46 15.38 13.21 12.96 14.81 12.73 12.50 12.50 12.28 12.28 13.46
1976 10.34 10.17 11.86 11.67 11.67 11.48 9.68 12.90 11.11 11.11 9.38 10.94 11.03
1977 12.50 10.77 10.61 11.94 11.94 10.29 11.76 10.00 10.00 11.43 11.43 11.27 11.16
1978 11.11 11.11 9.59 9.33 9.33 9.33 11.84 11.69 12.99 12.82 12.82 11.39 11.11
1979 11.25 12.50 13.75 12.20 12.20 13.41 14.12 13.95 13.79 13.64 13.64 14.77 13.27
1980 13.48 13.33 13.19 13.04 14.13 15.05 12.37 11.22 13.13 14.00 15.00 15.84 13.65
1981 15.84 16.67 15.53 15.38 15.24 14.02 14.68 16.51 16.07 14.91 14.78 13.68 15.28
1982 13.68 13.45 15.97 16.67 16.53 16.39 14.40 14.17 13.08 13.74 14.39 13.53 14.67
1983 14.29 14.81 13.04 12.86 12.77 11.97 12.59 12.41 11.56 10.74 10.60 10.60 12.35
1984 10.53 9.68 10.26 10.76 11.32 11.95 11.80 11.66 11.59 12.73 12.57 13.17 11.50
1985 13.69 16.47 15.12 16.00 15.82 16.85 16.11 15.93 16.94 16.67 17.02 18.52 16.26
1986 20.94 17.68 19.19 18.23 17.07 16.83 18.66 18.96 19.63 19.35 19.09 18.30 18.66
1987 16.02 16.74 16.95 16.67 17.50 17.28 15.73 16.33 15.63 15.44 15.27 14.72 16.19
1988 14.18 13.24 13.41 12.86 13.12 12.28 12.89 12.33 12.16 12.37 12.25 12.50 12.80
1989 13.40 13.64 13.74 14.24 14.73 15.63 15.43 15.55 15.06 14.58 15.04 15.50 14.71
1990 15.27 15.14 14.89 14.40 13.93 13.51 13.10 13.46 14.40 14.29 15.13 14.43 14.33
1991 14.25 14.89 14.18 14.77 15.35 15.24 15.84 15.58 15.33 16.59 15.37 16.37 15.31
1992 16.19 15.77 15.63 15.40 14.55 15.08 14.69 14.29 13.49 11.70 11.20 9.51 13.96
1993 9.60 8.96 9.63 11.15 10.71 10.05 9.96 9.33 8.92 9.60 9.20 9.55 9.72
1994 9.97 9.93 9.12 6.91 7.21 7.34 8.09 9.18 10.11 9.71 9.86 9.83 8.94
1995 9.69 9.81 10.37 11.08 10.86 10.03 8.98 7.67 6.56 6.39 6.37 6.93 8.73
1996 6.84 6.52 6.17 5.54 5.79 6.91 7.14 7.40 8.34 9.00 9.12 9.31 7.34
1997 9.33 9.85 9.64 9.84 9.52 8.79 9.10 8.67 8.08 7.63 6.86 6.17 8.62
1998 5.73 5.33 5.42 5.02 5.12 5.23 6.58 7.63 9.00 8.95 9.33 8.95 6.86
1999 8.88 8.63 7.89 7.62 7.02 7.22 4.85 3.27 1.93 1.71 1.92 2.24 5.27
2000 2.65 2.33 3.39 4.55 5.08 5.16 5.99 6.86 6.94 7.03 7.02 6.99 5.33
2001 7.12 7.76 7.38 6.47 6.45 6.31 5.26 4.64 4.42 4.02 4.31 4.59 5.73
2002 5.01 5.97 6.32 7.62 7.73 8.14 9.96 10.76 11.42 13.19 14.01 13.51 9.47
2003 12.54 11.07 10.62 9.01 8.48 7.37 5.15 4.82 3.20 0.90 -1.43 -1.63 5.84
2004 -2.00 -1.59 -1.70 -1.82 -1.80 -1.54 -0.84 -1.25 -0.55 0.51 2.26 2.20 -0.68
2005 2.06 1.80 1.94 2.13 1.87 1.58 2.13 2.50 2.56 2.39 1.77 2.02 2.06
2006 2.10 2.18 1.86 1.80 2.43 3.40 3.35 3.88 4.06 4.48 4.51 4.82 3.24
2007 5.18 4.91 5.33 5.96 6.05 6.03 6.21 6.15 6.48 6.90 7.23 7.57 6.17
2008 8.30 8.88 9.68 9.42 9.79 10.53 11.31 11.25 11.26 10.67 10.32 9.34 10.06
2009 8.44 9.02 9.09 8.84 8.37 7.27 6.58 6.35 5.93 5.52 5.52 6.11 7.25
2010 5.88 5.45 4.81 4.43 4.23 3.85 3.63 3.25 3.25 3.43 3.61 3.42 4.10
2011 3.58 3.57 3.89 4.24 4.59 5.11 5.25 5.25 5.77 6.28 6.10 6.26 4.99
2012 6.23 6.20 6.12 6.27 5.73 5.70 4.83 5.32 5.45 5.42 5.75 5.73 5.73
2013 5.54 6.00 6.09 5.74 5.58 5.40 6.51 6.32 5.96 5.61 5.43 5.26 5.79
2014 5.71 5.81 5.89 6.33 6.80 6.78 6.56 6.54 6.07 5.90 5.74 5.44 6.13
2015 4.53 4.19 4.14 4.54 4.38 4.65 4.62 4.46 4.46 4.60 4.74 5.16 4.54
2016 6.15 6.93 6.44 6.51 6.50 6.47 6.55 6.28 6.41 6.66 6.91 7.03 6.57
2017 6.84 6.49 6.18 5.22 5.34 5.06 4.27 4.52 4.89 4.74 4.35 4.46 5.20
2018 4.31 3.78 3.76 4.24 4.35 4.34 5.05 4.81 4.90 5.01 5.13 4.51 4.51
2019 3.90 4.11 4.44 4.41 4.40 4.50 4.01 4.36 4.10 3.63 3.63 3.97 4.12
2020 4.32 4.51 4.14 2.89 2.00 2.10 3.19 3.08 2.85 3.29 3.17 3.06 3.22
2021 3.27 2.91 3.11 4.54 5.22 5.09 4.70 5.01 5.11 4.98 5.41 5.93 4.61
2022 5.70 5.66 6.15 6.00 5.88

Monthly Inflation Rates (MoM) | 1958-2022

This table contains MoM (Month-over-Month) inflation rates calculated from official CPI data publications.

MoM measures are more volatile than YoY because they are influenced by short term events such changes in the monetary policy, stock market crashes or natural disasters.

Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Avg.
1958 0.69 0.00 0.34 0.69 0.00 0.00 0.68 0.34 0.00 0.00 0.00 0.34 0.26
1959 0.00 -0.34 0.34 0.00 0.00 0.34 -0.34 0.00 0.00 0.34 0.34 0.00 0.06
1960 -0.33 0.00 0.34 0.33 0.33 0.33 0.00 0.33 0.00 0.00 0.00 0.00 0.11
1961 0.33 0.33 0.00 0.33 0.65 0.00 0.00 0.32 0.00 0.00 0.65 -0.64 0.16
1962 0.00 0.00 0.32 0.32 0.32 0.00 0.00 0.00 0.00 0.00 0.00 0.64 0.13
1963 0.32 -0.32 0.00 0.00 0.00 0.32 0.32 0.32 0.00 0.00 0.00 0.00 0.08
1964 0.00 0.00 0.95 0.31 0.00 0.31 0.62 0.31 0.62 0.31 0.61 0.30 0.36
1965 0.30 0.00 0.30 0.60 0.00 0.30 0.30 0.59 0.00 0.29 0.29 0.29 0.27
1966 0.29 0.58 0.00 0.29 -0.29 0.58 0.00 0.29 1.44 0.28 0.00 0.28 0.31
1967 0.28 0.00 0.56 0.28 0.28 0.28 0.55 0.28 0.00 -0.27 0.00 0.00 0.19
1968 0.00 0.28 0.27 0.27 0.00 0.27 0.54 0.00 0.54 0.00 0.27 0.27 0.23
1969 0.27 0.00 0.80 0.27 0.26 0.00 0.26 0.00 0.53 0.52 0.26 0.52 0.31
1970 0.00 0.00 0.00 2.63 0.00 0.00 0.00 2.56 0.00 0.00 0.00 0.00 0.43
1971 0.00 0.00 2.50 0.00 0.00 0.00 0.00 2.44 0.00 2.38 0.00 0.00 0.61
1972 0.00 0.00 0.00 0.00 0.00 0.00 2.33 2.27 0.00 2.22 0.00 0.00 0.57
1973 0.00 0.00 2.17 2.13 0.00 0.00 2.08 0.00 0.00 2.04 0.00 0.00 0.70
1974 2.00 0.00 1.96 0.00 1.92 1.89 0.00 1.85 1.82 0.00 1.79 0.00 1.10
1975 1.75 1.72 0.00 1.69 0.00 1.67 1.64 0.00 1.61 0.00 1.59 0.00 0.97
1976 0.00 1.56 1.54 1.52 0.00 1.49 0.00 2.94 0.00 0.00 0.00 1.43 0.87
1977 1.41 0.00 1.39 2.74 0.00 0.00 1.33 1.32 0.00 1.30 0.00 1.28 0.90
1978 1.27 0.00 0.00 2.50 0.00 0.00 3.66 1.18 1.16 1.15 0.00 0.00 0.91
1979 1.14 1.12 1.11 1.10 0.00 1.09 4.30 1.03 1.02 1.01 0.00 1.00 1.16
1980 0.00 0.99 0.98 0.97 0.96 1.90 1.87 0.00 2.75 1.79 0.88 1.74 1.24
1981 0.00 1.71 0.00 0.84 0.83 0.83 2.46 1.60 2.36 0.77 0.76 0.76 1.08
1982 0.00 1.50 2.22 1.45 0.71 0.71 0.70 1.40 1.38 1.36 1.34 0.00 1.07
1983 0.66 1.97 0.65 1.28 0.63 0.00 1.26 1.24 0.61 0.61 1.21 0.00 0.84
1984 0.60 1.19 1.18 1.74 1.14 0.56 1.12 1.11 0.55 1.64 1.08 0.53 1.04
1985 1.06 3.66 0.00 2.53 0.99 1.46 0.48 0.96 1.42 1.40 1.38 1.82 1.43
1986 3.12 0.87 1.29 1.69 0.00 1.25 2.06 1.21 1.99 1.17 1.16 1.15 1.41
1987 1.13 1.49 1.47 1.45 0.71 1.06 0.70 1.74 1.37 1.01 1.00 0.66 1.15
1988 0.66 0.65 1.62 0.96 0.95 0.31 1.25 1.23 1.22 1.20 0.89 0.88 0.99
1989 1.46 0.86 1.71 1.40 1.39 1.09 1.08 1.34 0.79 0.79 1.30 1.28 1.21
1990 1.27 0.75 1.49 0.98 0.97 0.72 0.71 1.65 1.63 0.69 2.05 0.67 1.13
1991 1.11 1.31 0.86 1.50 1.48 0.62 1.24 1.43 1.41 1.79 0.97 1.54 1.27
1992 0.95 0.94 0.75 1.30 0.73 1.09 0.90 1.07 0.70 0.17 0.52 0.00 0.76
1993 1.04 0.34 1.37 2.70 0.33 0.49 0.82 0.49 0.32 0.80 0.16 0.32 0.77
1994 1.43 0.31 0.62 0.62 0.62 0.61 1.52 1.50 1.18 0.44 0.29 0.29 0.79
1995 1.30 0.43 1.13 1.26 0.42 -0.14 0.55 0.27 0.14 0.27 0.27 0.82 0.56
1996 1.21 0.13 0.80 0.66 0.66 0.91 0.78 0.51 1.02 0.88 0.38 1.00 0.75
1997 1.23 0.61 0.61 0.84 0.36 0.24 1.07 0.12 0.47 0.47 -0.35 0.35 0.50
1998 0.81 0.23 0.69 0.46 0.46 0.34 2.37 1.10 1.74 0.43 0.00 0.00 0.72
1999 0.75 0.00 0.00 0.21 -0.11 0.53 0.11 -0.42 0.42 0.21 0.21 0.31 0.19
2000 1.15 -0.31 1.04 1.33 0.40 0.60 0.90 0.40 0.49 0.29 0.20 0.29 0.57
2001 1.27 0.29 0.67 0.48 0.38 0.47 -0.09 -0.19 0.28 -0.09 0.47 0.56 0.38
2002 1.68 1.21 1.00 1.70 0.49 0.85 1.59 0.54 0.88 1.49 1.20 0.12 1.06
2003 0.81 -0.11 0.59 0.23 0.00 -0.18 -0.51 0.22 -0.68 -0.77 -1.14 -0.09 -0.14
2004 0.44 0.31 0.47 0.11 0.01 0.09 0.20 -0.20 0.02 0.28 0.59 -0.15 0.18
2005 0.31 0.05 0.61 0.30 -0.24 -0.21 0.74 0.17 0.08 0.12 -0.02 0.10 0.17
2006 0.38 0.13 0.30 0.24 0.38 0.73 0.69 0.69 0.25 0.53 0.00 0.39 0.39
2007 0.73 -0.12 0.69 0.85 0.46 0.71 0.86 0.64 0.57 0.92 0.31 0.71 0.61
2008 1.41 0.41 1.43 0.61 0.80 1.39 1.57 0.58 0.58 0.38 0.00 -0.19 0.75
2009 0.57 0.95 1.50 0.37 0.37 0.37 0.92 0.36 0.18 0.00 0.00 0.36 0.50
2010 0.36 0.54 0.89 0.00 0.18 0.00 0.71 0.00 0.18 0.17 0.17 0.17 0.28
2011 0.52 0.52 1.20 0.34 0.51 0.51 0.84 0.00 0.67 0.66 0.00 0.33 0.51
2012 0.49 0.49 1.13 0.48 0.00 0.48 0.00 0.48 0.79 0.63 0.31 0.31 0.47
2013 0.31 0.93 1.22 0.15 -0.15 0.30 1.05 0.30 0.45 0.30 0.15 0.15 0.43
2014 0.74 1.02 1.30 0.57 0.28 0.28 0.85 0.28 0.00 0.14 0.00 -0.14 0.44
2015 -0.14 0.70 1.25 0.96 0.14 0.54 0.81 0.13 0.00 0.27 0.13 0.27 0.42
2016 0.80 1.45 0.78 1.03 0.13 0.51 0.89 -0.13 0.13 0.50 0.37 0.37 0.57
2017 0.62 1.11 0.49 0.12 0.24 0.24 0.12 0.12 0.48 0.36 0.00 0.48 0.36
2018 0.47 0.59 0.47 0.58 0.35 0.23 0.81 -0.11 0.57 0.46 0.11 -0.11 0.37
2019 -0.11 0.80 0.79 0.56 0.33 0.33 0.33 0.22 0.33 0.00 0.11 0.22 0.33
2020 0.22 0.98 0.43 -0.64 -0.54 0.43 1.41 0.11 0.11 0.43 0.00 0.11 0.25
2021 0.42 0.63 0.63 0.73 0.10 0.31 1.03 0.41 0.20 0.30 0.40 0.60 0.48
2022 0.20 0.60 1.09 0.59 0.62

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