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South African inflation surged to a 13-year high in June, data showed on Wednesday, moving further away from the central bank's target the day before an interest rate announcement. Headline ...
World map by inflation rate (consumer prices), 2023, according to World Bank This is the list of countries by inflation rate. The list includes sovereign states and self-governing dependent territories based upon the ISO standard ISO 3166-1. Inflation rate is defined as the annual percent change in consumer prices compared with the previous year's consumer prices. Inflation is a positive value ...
The consumer price index (CPI) is the official measure of inflation in South Africa. One variant, the consumer price index excluding mortgage costs (CPIX), is officially targeted by the South African Reserve Bank [1] and a primary measure that determines national interest rates.
2023–24 South-West Indian Ocean cyclone season; 2024–25 South-West Indian Ocean cyclone season; Southern African Development Community; 2024 in South Africa; 2020s; 2020s in political history; Common Market for Eastern and Southern Africa; Southern African Development Community
July 2024 data showed that the inflation rate had dropped to 2.9%, the lowest since March 2021, with used car prices returning to normal following the 2020–2023 global chip shortage. [182] Increases in rent, [ 183 ] childcare [ 184 ] and electricity [ 185 ] still outpaced inflation at around 5%.
The long-term potential growth rate of South Africa under the current policy environment has been estimated at 3.5%. [53] Per capita GDP growth has proved mediocre, though improving, growing by 1.6% a year from 1994 to 2009, and by 2.2% over the 2000–09 decade, [54] compared to world growth of 3.1% over the same period.
14 June – Cyril Ramaphosa is re-elected as President of South Africa for a second term. [21] 19 June – Cyril Ramaphosa is sworn in for a second term as President of South Africa. [22] 20 June – Democratic Alliance MP Renaldo Gouws is suspended after old videos of him making derogatory and inciteful remarks against black people emerge ...
The South Coast is served by Margate Airport which currently has scheduled weekly flights to Johannesburg operated by CemAir though many tourists also arrive from the King Shaka International Airport, north of Durban which has a wider variety of scheduled flights to other domestic destinations in South Africa as well as international ...