Loading page content
Data from FMP. Forecasts by Sigmanomics Forecast Engine.
South AfricaSouth Africa Core Inflation Rate MoM climbed to 0.2% in September 2026
FMPMonthlyReleased October 2026
South Africa Core Inflation Rate MoM climbed to 0.2% in September 2026, released October 2026, up 0.2% from August's 0.0% reading. The reading matched expectations. The print is running well below the 12-month average of 0.35%. Over the past 3 months, Core Inflation Rate MoM averaged 0.25%, vs 0.43% in the prior 3-month window. The reading is in the 43rd percentile of the trailing 24-month range.
Latest Release
0.2
Actual
0.2
Consensus
0
Previous
Median Absolute Error
±0.31 percentage points
across last 12 releases
Last Call
Oct 2026
Predicted: 0.2
Actual: 0.2
Error: +0
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
THE RELEASE
Core Inflation Rate MoM (South Africa) was reported at 0.2% in October 2026. This matched the market consensus of 0.2% exactly. The reading rose from the previous value of 0%. Trailing 12-month context per ETL data through October 2026. Over the past 12 months, the indicator has averaged 0.32%, ranging from 0% to 0.7% across 10 releases.
WHY IT MATTERS
The trailing three releases averaged 0.23%, down from the prior three at 0.43%. Volatility over the past year (σ 0.23%) is lower than the prior year (σ 0.3%). In October readings over the past 3 years, Core Inflation Rate MoM has averaged 0.27%.
THE MODEL'S TAKE
Historically, this indicator is negatively correlated with S&P 500 (Bearish S&P 500). Over the last 12 releases, the Sigmacast model's median absolute error is 0.31%.
WHAT TO WATCH NEXT
The next release is scheduled for November 18, 2026. Same-country events in the next 14 days include Unemployment Rate (Nov 10).
Auto-generated from current model state · Refreshes on each release · Last update October 2026.
SHARE
Core Inflation Rate MoM - ZA
Loading chart data...
About Core Inflation Rate MoM — South Africa
DEFINITION
The Core Inflation Rate MoM (Month-over-Month) is a key financial indicator that measures the change in prices of goods and services, excluding volatile items such as food and energy, on a monthly basis. It provides insight into the underlying inflation trends and helps policymakers and investors make informed decisions about monetary policy and market strategies. This indicator is considered a more reliable measure of inflation as it eliminates the impact of temporary price fluctuations, providing a clearer picture of the overall inflationary pressures in the economy.
WHY THIS INDICATOR MATTERS
Inflation prints feed directly into central-bank policy expectations and real-yield calculations, and are among the most rate-sensitive releases on the calendar. The release is more useful as part of a longer-run signal than as a single-print catalyst. Released monthly.
WHAT CHANGED THIS MONTH
Latest reading (Sep 2026): actual 0.2 %, consensus 0.2 %. Prior reading (Aug 2026): 0 %. Before that (Aug 2026): 0 %.
WHAT'S NEXT
Sigmacast's 1-month forecast points to a similar reading versus the latest print. The 1-month and 3-month horizons disagree, suggesting a mixed signal. Trend-driven dynamics are the primary neutral force in the current projection.
Σ
EXPECTED ZONE
SIGMANOMICS MARKET FORECAST ENGINE
Multi-horizon symbol forecasts, Rolling-Surprise economic predictions, and programmatic API access.
Expected Zones · Trade Bias · Confidence Intervals · API Access · 1,456+ instruments
FOREXCRYPTOSTOCKSCOMMODITIESINDICESAPI
BLSBEAFMPWORLD BANKFRED
1,456+ instruments247 indicators530+ correlationsREST + GQL API
4,151 economic indicators127 countries covered6 data sources
FREDBLSEIAECBBOJFMP
Economic Calendar - ZA Events
| Thursday, October 29, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
|---|---|---|---|---|---|---|---|
| 06:00 | ZA | Private Sector Credit YoY | 6.23 | 7.47 | 7.5 | 6.87 | Low |
| 09:30 | ZA | Producer Price Index YoY | 6.2 | 5 | 5.7 | 5.95 | Low |
| 09:30 | ZA | Producer Price Index MoM | 1 | -0.4 | 0.5 | 0.75 | Low |