FX.co ★ South Africa’s Monthly Inflation Holds Steady at 0.7% in June 2026

South Africa’s consumer price growth remained unchanged in June 2026, with the month-over-month Consumer Price Index (CPI) holding at 0.7%, the same pace recorded in May 2026. The latest data, updated on 22 July 2026, indicate that price pressures neither accelerated nor eased on a monthly basis heading into mid-year.

On a comparative basis, the “Actual” figure for June represents the change in prices from May to June, while the “Previous” reading reflects the change from April to May. With both months showing a 0.7% increase, the data signal short-term stability in monthly inflation dynamics, offering little immediate evidence of a shifting price trend.

For analysts and investors, the steady month-on-month print may suggest that, at least for now, inflationary momentum is holding rather than intensifying. However, the implications for monetary policy and broader economic conditions will depend on how this monthly stability fits into the wider inflation trajectory over coming quarters.