Average Inflation Rate South Africa 2024. The inflation rate in south africa between 1957 and 2023 was 11,560.29%, which translates into a total increase of r11,560.29. This means that 100 rand in 1957 are equivalent to 11,660.29.
Cost of food in south africa increased 4.70 percent in august of 2024 over the same. The rate has held its ground.
