FX.co ★ South Africa’s Monthly Inflation Rebounds to 0.4% in September

South Africa’s consumer price inflation picked up in September 2026, with the month‑over‑month CPI rising 0.4% after flatlining at 0.0% in August. The latest data, updated on 21 October 2026, mark a clear break from the previous month’s pause in price growth.

On a month‑over‑month basis, the “actual” September reading reflects the change in prices compared with August, while the “previous” figure captures August’s change relative to July. The move from 0.0% in August to 0.4% in September suggests that price pressures have resumed after a temporary stall, indicating a modest re-acceleration in short‑term inflation dynamics within the South African economy.