南非的年通货膨胀率在2025年7月微升至3.5%，这是连续第二个月的增长，也是十个月来的最高水平，符合分析师的预期。价格增长的主要驱动力是食品和非酒精饮料（6月份为5.7%对5.1%）；酒精饮料和烟草（4.6%对4.4%）以及餐馆和酒店（3%对2%）。此外，运输价格下跌幅度要小得多（-1.7%对-3.3%），尤其是燃料（-5.5%对-11.2%）。不包括食品、非酒精饮料、燃料和能源的核心通胀率在2025年7月升至3.0%，高于6月份的四年多来的低点2.9%。按月计算，消费者价格指数在6月份上涨0.3%后，上涨0.9%，为2月份以来的最大涨幅。
South Africa’s annual inflation rate inched up to 3.5% in July 2025, marking the second consecutive monthly increase and the highest rate in ten months, matching analysts’ expectations. The key drivers of price growth were food & non-alcoholic beverages (5.7% vs 5.1% in June); alcoholic beverages & tobacco (4.6% vs 4.4%) and restaurants & hotels (3% vs 2%). Moreover, prices fell much less for transportation (-1.7% vs -3.3%), notably fuels (-5.5% vs -11.2%). The core inflation rate, which excludes food, non-alcoholic beverages, fuel, and energy, rose to 3.0% in July 2025, up from an over four-year low of 2.9% in June. On a monthly basis, consumer prices advanced by 0.9%, the largest increase since February, after a 0.3% rise in June.
