Inflation Rate 2024 In Sa. This is lower than the 1,0% increase in february. A core inflation rate of around 4.5% would argue strongly in favour of the reserve bank starting the interest rate cutting cycle, especially since the repo rate is well above inflation at 8.25%.
Inflation expectations in south africa decreased to 5 percent in the second quarter of 2024 from 5.33 percent in the first quarter of 2024. Canadian inflation continued to ease in july, keeping the door to further interest rate cuts wide open.
