Fuel costs push South Africa’s inflation to 4.5% in May — Highest since 2024

African Insider | 18.06.2026 17:00
Cape Town – South Africa’s annual consumer inflation rate accelerated to 4.5% in May 2026, up from 4.0% in April, marking the highest level recorded since July 2024, according to the latest Consumer Price Index (CPI) data released by Statistics South Africa.