South Africa's Core Consumer Price Index (CPI) showed a slight decrease in October 2025, indicating a subtle cooling in inflationary pressures. The Core CPI, which strips out the volatile food and energy sectors, settled at 3.1% on a year-over-year basis, compared to 3.2% observed in September 2025. This data, updated on 19 November 2025, underscores the economic adjustments the country is experiencing.
The marginal drop highlights careful macroeconomic management and a potentially easing demand within the economy, as South Africa navigates through global economic volatility. This year-over-year comparison provides a snapshot of the inflationary climate between October 2024 and October 2025, suggesting that inflation remains relatively tamed despite previous uncertainties.
With the Core CPI serving as a crucial indicator for the South African Reserve Bank’s monetary policy decisions, this modest decline may offer bearings on future interest rate considerations. As the nation moves forward, policymakers and market stakeholders will closely monitor upcoming economic data to gauge the trajectory of inflation and its impact on the broader economy.
