Inflation 2024 Salaire. — the current inflation rate in south africa is 4.40%, which is calculated based on cpi (consumer price index) values for the last 12 months ending in august 2024. — payscale found merit and performance will be the highest driver of base pay increases in 2024, with 79% of companies listing it as a factor, compared to market.
— employers in south africa are planning to increase their budgets for pay by 6.1% in 2024 as they try to attract and retain staff amidst ongoing inflation and a competitive labour market, according to research. Consumer inflation cooled in march.