FX.co ★ South Africa Inflation Expectations Soften to 4% in Q3

In South Africa, households’ one-year-ahead inflation expectations eased to 4.0% in Q3 2026, down from 4.2% in the previous quarter. Average inflation expectations two years ahead—an indicator closely monitored by the central bank when setting interest rates—also slipped, declining to 3.8% from 3.9%. The South African Reserve Bank aims to anchor inflation expectations close to its 3% target.