Fuel Keeps South African March Inflation Muted

South Africa inflation ticks higher as education and housing costs rise

South Africa’s inflation rate edged slightly higher in March but remains relatively subdued overall.

Fuel keeps South African March inflation muted

The 8.7% year-on-year decline in fuel prices in March kept South African consumer inflation muted. The overall consumer inflation rate rose marginally to 3.1% year-on-year in March from 3.0% year-on-year in February. The reason for the decline in fuel prices in March is that they reflect the oil price in February. This is because South Africa adjusts its fuel prices once a month on the first Wednesday of the month. The adjustment is based on the…

South African Inflation Edges Up Before Iran Oil Shock Hit

South African annual inflation edged higher in March, even before the US-Israeli war on Iran triggered a surge in domestic fuel costs.

South African Inflation Edges Up Before Iran Oil Shock Registers

South African annual inflation edged higher in March, even before the US-Israeli war on Iran triggered a surge in domestic fuel costs.

Fuel risks and rising costs push inflation higher in South Africa

South Africa’s annual inflation rate rose slightly to 3.1% in March 2026, up from 3.0% in February, signalling growing pressure on household costs. The increase was driven mainly by higher housing, utilities and insurance expenses, according to analysis by PPS Investments. On a monthly basis, prices climbed by 0.6% between February and March. While goods inflation eased slightly to 1.8%, the cost of services rose more sharply to 4.2%, pointing t…

South African inflation nudges higher ahead of expected April surge

Inflation is set to accelerate to about 4% in April, when domestic fuel prices surged despite the government temporarily