Inflation Rate 2024 South Africa 2024 Today. 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%. The july inflation print is the lowest in three years since july 2021, when the rate was also 4,6%.

The rand had an average.  — inflation eases for a second consecutive month.