Financial News: South Africa Inflation Rises To 3.6% In December

South Africa Inflation Rises To 3.6% In December

01/21/2026 - 03:38:00 (RTTNews)

(RTTNews) - South Africa's consumer price inflation increased slightly at the end of the year, figures from Statistics South Africa showed on Wednesday.

The consumer price index, or CPI, climbed 3.6 percent annually in December, following a 3.5 percent rise in the prior month. That was in line with expectations.

Moreover, the inflation rate remained within the Reserve Bank's target range of 2-4 percent. During December, the SARB shifted to a new inflation target of 3 percent plus or minus 1 percentage point from the previous 3-6 percent.

South Africa's central bank governor, Lesetja Kganyago, said on Tuesday that inflation may hit the bank's new point target of 3.0 percent in 2026 as prices remain stable.

The core inflation, which excludes prices of non-alcoholic beverages, fuels, and energy, also rose somewhat to 3.3 percent in December from 3.2 percent in November.

Costs for food and non-alcoholic beverages alone grew 4.4 percent annually in December. Prices for housing and utilities increased 4.9 percent, and transport charges logged an increase of 1.0 percent versus 0.7 percent growth in the previous month.

On a monthly basis, consumer prices moved up 0.2 percent.

The average annual inflation rate for 2025 was 3.2 percent compared to 4.4 percent in 2024.

For comments and feedback: contact editorial@rttnews.com

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS

South Africa Inflation Rises To 3.6% In December (01 hr(s), 0 min(s),42 sec(s) ago)
(RTTNews) - South Africa's consumer price inflation increased slightly at the end of the year, ...Full Story»

UK Inflation Accelerates To 3.4% (01 hr(s), 53 min(s), 42 sec(s) ago)
(RTTNews) - UK consumer price inflation accelerated more than expected in December, official data ...Full Story»

European Economic News Preview: UK Inflation Data Due (03 hr(s), 59 min(s), 42 sec(s) ago)
(RTTNews) - Consumer and producer prices from the UK are due on Wednesday, headlining a light day ...Full Story»

Portugal Producer Prices Fall 3.2% (17 min(s), 18 sec(s) ago)
(RTTNews) - Portugal's producer prices continued their falling trend in December, figures from ...Full Story»

Hong Kong Jobless Rate Remains Stable At 3.8% (03 min(s), 18 sec(s) ago)
(RTTNews) - Hong Kong's unemployment rate held steady in the October-December period, labor fo ...Full Story»

Italy Current Account Gap Narrows In November (53 min(s), 18 sec(s) ago)
(RTTNews) - Italy's current account deficit decreased in November from the previous year, the ...Full Story»

Eurozone Construction Output Falls Most In 6 Months (43 min(s), 18 sec(s) ago)
(RTTNews) - Eurozone construction production contracted in November after recovering in the previo ...Full Story»

German Economic Confidence Strongest Since July 2021 (14 min(s), 18 sec(s) ago)
(RTTNews) - German economic sentiment strengthened at the beginning of the year to the highest lev ...Full Story»