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2024 Inflation Rate South Africa South Africa. Overall, the housing & utilities index increased by 2,6% between june and july, leading to an annual increase. Power cuts seen shaving 0.6 pct points off 2024 growth.
With data on wednesday predicted to show south africa’s inflation slowed to 4.5% in august, the central bank may cut borrowing costs for the first time since 2020 a. Most municipalities implement tariff increases in july.
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