Cpi Salary Increase 2024 South Africa. Government agreed to a 7.5% salary increase for public servants for the 2023/2024 financial, and a capped projected cpi salary increase for the 2024/2025 financial year. The minimum of 54.9 index points was recorded in january 2007, while the maximum.
Inflation rate in south africa increased to 2.90 percent in november from 2.80 percent in october of 2024. Salary hikes are expected to average 6.9% in 2024, while inflation will likely average 5.0%, giving a 1.9% real increase.
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