South Africa inflation hits 4%, highest level since August 2024

Nairametrics | 21-05-2026 12:22am |

South Africa's annual inflation rate reached 4.0% in April 2026, the highest recorded since August 2024. This increase has been attributed to rising fuel prices, which have contributed to higher transportation and consumer costs throughout the economy. The surge in inflation reflects broader economic pressures that may impact consumers and businesses alike.

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