FX.co ★ South Africa’s Core CPI Momentum Cools to 0.2% in May, Easing from April Pace

South Africa’s core consumer price inflation (CPI) eased in May 2026, signaling a moderation in underlying price pressures. Month-over-month, core CPI rose 0.2% in May, down from a 0.5% increase in April 2026.

The data, updated on 17 June 2026, show that price growth in May slowed noticeably compared with the previous month. On a month-over-month basis, the “actual” reading reflects May’s change relative to April, while the “previous” figure captures April’s change versus March. The deceleration suggests some easing in core inflation dynamics, which could influence expectations around the trajectory of monetary policy and price stability in the months ahead.