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Data series, Inflation and prices

Repo rate

7.25%Sep 2026. Up from 7.00% in Jul 2026.

Series id repo-rate-sarb. This page and its downloads keep the same address when new figures are added.

Repo rate rose from 4.00% in Jan 2022 to 7.25% in Sep 2026, after peaking at 8.25% in May 2023

The repurchase (repo) rate is the benchmark interest rate set by the South African Reserve Bank's Monetary Policy Committee (MPC). It is the rate at which the SARB lends short-term money to commercial banks and is the primary instrument of inflation targeting.

Source: South African Reserve Bank, MPC Statement September 2026. Source released . Checked on SA Data Hub .

Show the numbers as a table
PeriodValue
Jan 20224.00%
Mar 20224.25%
May 20224.75%
Jul 20225.50%
Sep 20226.25%
Nov 20227.00%
Jan 20237.25%
Mar 20237.75%
May 20238.25%
Jul 20238.25%
Sep 20238.25%
Nov 20238.25%
Jan 20248.25%
Mar 20248.25%
May 20248.25%
Jul 20248.25%
Sep 20248.00%
Nov 20247.75%
Jan 20257.50%
Mar 20257.50%
May 20257.25%
Jul 20257.25%
Sep 20257.00%
Nov 20256.75%
Jan 20266.75%
Mar 20266.75%
May 20267.00%
Jul 20267.00%
Sep 20267.25%

Every value

Repo rate, every value on SA Data Hub, %
PeriodValue
Sep 20267.25%
Jul 20267.00%
May 20267.00%
Mar 20266.75%
Jan 20266.75%
Nov 20256.75%
Sep 20257.00%
Jul 20257.25%
May 20257.25%
Mar 20257.50%
Jan 20257.50%
Nov 20247.75%
Sep 20248.00%
Jul 20248.25%
May 20248.25%
Mar 20248.25%
Jan 20248.25%
Nov 20238.25%
Sep 20238.25%
Jul 20238.25%
May 20238.25%
Mar 20237.75%
Jan 20237.25%
Nov 20227.00%
Sep 20226.25%
Jul 20225.50%
May 20224.75%
Mar 20224.25%
Jan 20224.00%

Changes to this series

No revisions by the publisher have been recorded for this series. SA Data Hub started recording them on 7 November 2026; earlier revisions are not listed.

SA Data Hub's update log for this dataset

  • , methodology change

    Moved the prime lending rate, and the interest-rates download, from the GDP and economy topic to Inflation and prices, next to the repo rate it follows. No figures changed.

  • , correction

    Corrected repo rate from 7.00% to 7.25% and prime from 10.50% to 10.75% (SARB MPC 2026-09-23). Corrected a prior entry that recorded a July 2026 hike: July was a hold, and the hike was on 28 May 2026 (effective 29 May). May and July 2026 SARB statements not yet verified from primary source.

  • , methodology change

    Registry and lookup alignment updated for SARB repo/prime dataset identifier consistency.

Every update and correction

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You may reuse this series under CC BY 4.0. Credit South African Reserve Bank as the original source and SA Data Hub as the place you got it.

Cite this series

South African Reserve Bank (2026). MPC Statement September 2026. Series "Repo rate" via SA Data Hub, https://sadatahub.tech/series/repo-rate-sarb (checked 2026-10-19).

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