Inflation expectations · South Africa

South Africa Inflation Expectations

The South Africa Inflation Expectations measures the inflation that households, businesses or professional forecasters in South Africa expect over the coming months or years.

Wichtigkeit
Low
Veröffentlicht
Quarterly
Nächste Veröffentlichung
Währung
ZAR · South African rand
Zentralbank
The South African Reserve Bank
Bewegt
EURZAR · USDZAR

Neueste Zahlen

Die letzte Veröffentlichung, für Q3, erschien am 2026-09-16 und lag bei 4%. Das ist weniger als 4.2% beim letzten Mal.

In den letzten 7 Veröffentlichungen lag der Wert zwischen 3.6% und 4.3%, im Schnitt 4.1%.

Mar 2025: 4.3%Jul 2025: 4.3%Sep 2025: 4.2%Dec 2025: 3.8%Mar 2026: 3.6%Jun 2026: 4.2%Sep 2026: 4% Mar 2025Sep 2026
Tatsächliche Ergebnisse; der kurze Strich auf einem Balken markiert den Konsens.
VeröffentlichtFürIstKonsensVorher
16 Sep 2026Q34%–4.2%
30 Jun 2026Q24.2%–3.6%
16 Mar 2026Q13.6%–3.7% ®
12 Dec 2025Q43.8%–4.2%
15 Sep 2025Q34.2%–4.3%
2 Jul 2025Q24.3%–4.6% ®
17 Mar 2025Q14.3%–4.5%

Im Wirtschaftskalender ansehen →

Warum es wichtig ist

Expectations feed into wage demands and price setting, so inflation can become self-fulfilling. Central banks watch them closely: well-anchored expectations near the target let the South African Reserve Bank look through temporary price jumps.

So wird gerechnet

Survey respondents give their own estimate of future price growth; the release reports the median or average. Market-based versions use the gap between ordinary and inflation-linked bond yields.

Was Veränderungen bedeuten

  • Rising long-term expectations are a red flag for central banks.
  • Short-term expectations follow petrol and food prices closely.

Höher als erwartet: A higher figure than expected makes the South African Reserve Bank more likely to keep rates high or raise them: it tends to support the South African rand and push bond yields up, and is often a weight on stocks.

Niedriger als erwartet: A lower figure than expected gives the South African Reserve Bank room to cut or hold rates lower: the South African rand tends to soften and bond yields to fall.

Eine kurze Geschichte

Expectations became central to economics with the work of Milton Friedman and Edmund Phelps in the late 1960s; the University of Michigan has asked US households about the prices they expect since its first surveys after the Second World War, and for a numeric inflation rate since the late 1970s.

Fragen

What is the South Africa Inflation Expectations?

The South Africa Inflation Expectations measures the inflation that households, businesses or professional forecasters in South Africa expect over the coming months or years.

What was the latest South Africa Inflation Expectations?

4% for Q3, published on 16 September 2026.

When is the next South Africa Inflation Expectations?

On Friday 11 December 2026.

Nur Bildungsinhalte, keine Anlageberatung. Die Zahlen sind die veröffentlichten Ergebnisse, wie sie unser Kalender erfasst hat; die beschriebenen Marktreaktionen sind typisch, nicht garantiert.