Inflation

Quick Fact

Monthly change in fruit prices: -7,3%.

The Consumer Price Index (CPI) and Producer Price Index (PPI) are the two primary measures of inflation for South Africa. Both indicators are published on a monthly basis.The Consumer Price Index tracks the rate of change in the prices of goods and services purchased by consumers. The headline CPI is used as the inflation target measure which guides the South African Reserve Bank on the setting of interest rates.

The Producer Price Index tracks the rate of change in the prices charged by producers of goods. Stats SA publishes PPIs for different industries with the PPI for final manufactured goods being the headline PPI. Additional PPIs are compiled for Agriculture, forestry and fishing; Mining and quarrying; Electricity and water; Intermediate manufactured goods; Imports and Exports; and Construction.

The PPI is widely used by businesses as a contract escalator and as a general indicator of inflationary pressures in the economy.

Consumer Price Index

Producer Price Index

Inflation nudges higher in March 2026

Inflation nudges higher in March 2026

The cost of living rose by 3,1% in the 12 months to March, according to the latest consumer price index (CPI). This is slightly up from 3,0% recorded in February. Prices increased on average by 0,6% in March 2026 compared with February 2026. Six of the 13 categories in the CPI basket recorded higher annual rates, including restaurants   read more »