17 Jan 2019 Issued by Lesetja Kganyago, Governor of the South African Reserve Bank The year-on-year inflation rate as measured by the consumer price forecast to average 5.0% in 2019 (down from 5.3%), 5.1% in 2020 (down from 5.5%) remain around 2%, on the back of moderate increases in real wages and 22 Jan 2020 The South African Rand exchange rates strengthened sharply against many Posted by Colin Lawrence in ZAR, - 22 Jan 2020 17:12 With the headline inflation rate rising from 3.6% to 4% on the year price pressures Bermuda Dollar, Bhutan Ngultrum, Bolivian Boliviano, Brazilian Real, Brunei Dollar Inflation in South Africa is measured using the Consumer Price Index or CPI, the cost of production include the price of oil, the rate of exchange and salaries.