Inflation Rate 2024. The consumer prices index including owner occupiers' housing costs (cpih) rose by 2.6% in the 12 months to september 2024, down from 3.1% in august. Annual inflation for july 2024 increased to 15.4 percent from 15.2 percent recorded in june, 2024.

Annual inflation for august 2024 increased to 15.5 percent from 15.4 percent recorded in july, 2024. This means that on average, prices of goods and services increased by 15.5 percent.