Inflation Rate For 2024 South Africa Today. The global economy remains resilient, despite differences in the strength of activity and incomes across countries and sectors. Sarb could easily drop repo rate by 50 basis points.
Inflation eases for a second consecutive month annual consumer price inflation pulled back in december, easing to 5,1% from 5,5% in november and 5,9% in october. 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.