South Africa's Core Consumer Price Index (CPI) showed no change in momentum for the month of November 2025, maintaining a stable growth rate of 0.1% month-over-month—identical to the rise observed in October, according to data updated on December 17, 2025. This consistent performance signifies a plateau in the core inflation rate, which excludes volatile items like food and energy, offering a more stable picture of pricing trends.
In October 2025, the Core CPI also increased by 0.1% compared to September, suggesting that the pricing pressures have remained relatively consistent over the past two months. This stability could indicate that inflationary forces, at least within the core categories, are being effectively managed or have plateaued due to external economic conditions or monetary policy actions.
The unchanged Core CPI figure for November suggests that the South African economy may be experiencing a period of price stability after a previously sluggish growth spell. This could be a reflection of broader economic trends or targeted fiscal measures designed to control inflation without hindering economic activity. As economists and policymakers continue to monitor these indicators closely, the stability of the Core CPI may impact future fiscal and monetary policies.
