# South Africa Change in inventories, constant 2015 prices, SA annualised (SARB Web API NRI6010D; Quarterly Bulletin KBP6010D)

South Africa Change in inventories, constant 2015 prices, SA annualised (SARB Web API NRI6010D; Quarterly Bulletin KBP6010D) was down 21.7% year on year in Q2 2026, compared with −223.8% in Q4 2024.
The level stood at 8,847.6 ZAR million, 2015 prices, SAAR.
That is the highest reading since Q2 2023.
Over the past ten years it has ranged from −930.9% (Q3 2020) to 15,772.7% (Q3 2022), averaging 755.1%.

- Source agency: South African Reserve Bank (SARB) Web API
- Makrognosis code: `ZA.INVENTORIES.Q.REAL`
- Frequency: quarterly
- Units: ZAR million, 2015 prices, SAAR
- Coverage: 1960-03-31 to 2026-06-30 (266 observations)
- Page: https://makrognosis.robomacro.com/data/south-africa/change-in-inventories-constant-2015-prices-sa-annualised-sarb-web-api

## Recent data

| Period | Value | Y/Y % |
|---|---:|---:|
| Q2 2026 | 8,847.6 ZAR million, 2015 prices, SAAR | −21.7 |
| Q1 2026 | −17,673 ZAR million, 2015 prices, SAAR | — |
| Q4 2025 | −6,245.6 ZAR million, 2015 prices, SAAR | — |
| Q3 2025 | 17,267 ZAR million, 2015 prices, SAAR | — |
| Q2 2025 | 11,296 ZAR million, 2015 prices, SAAR | — |
| Q1 2025 | −1,763.4 ZAR million, 2015 prices, SAAR | — |
| Q4 2024 | −24,420 ZAR million, 2015 prices, SAAR | −223.8 |
| Q3 2024 | −17,124 ZAR million, 2015 prices, SAAR | — |
| Q2 2024 | −3,486.6 ZAR million, 2015 prices, SAAR | −104.0 |
| Q1 2024 | −11,282 ZAR million, 2015 prices, SAAR | −123.5 |
| Q4 2023 | 19,727 ZAR million, 2015 prices, SAAR | −65.3 |
| Q3 2023 | −53,249 ZAR million, 2015 prices, SAAR | −151.0 |
| Q2 2023 | 86,390 ZAR million, 2015 prices, SAAR | 64.8 |
| Q1 2023 | 48,105 ZAR million, 2015 prices, SAAR | 143.3 |
| Q4 2022 | 56,813 ZAR million, 2015 prices, SAAR | — |
| Q3 2022 | 104,485 ZAR million, 2015 prices, SAAR | 15,772.7 |
| Q2 2022 | 52,426 ZAR million, 2015 prices, SAAR | — |
| Q1 2022 | 19,774 ZAR million, 2015 prices, SAAR | — |
| Q4 2021 | −13,577 ZAR million, 2015 prices, SAAR | — |
| Q3 2021 | 658.3 ZAR million, 2015 prices, SAAR | — |
| Q2 2021 | −32,228 ZAR million, 2015 prices, SAAR | −146.0 |
| Q1 2021 | −14,208 ZAR million, 2015 prices, SAAR | — |
| Q4 2020 | −102,362 ZAR million, 2015 prices, SAAR | — |
| Q3 2020 | −157,781 ZAR million, 2015 prices, SAAR | −930.9 |

## API

```
curl -H "X-API-Key: $MAKROGNOSIS_KEY" \
  "https://makrognosis.robomacro.com/v1/series/ZA.INVENTORIES.Q.REAL"

# Python
import requests
r = requests.get("https://makrognosis.robomacro.com/v1/series/ZA.INVENTORIES.Q.REAL",
                 headers={"X-API-Key": KEY})
obs = r.json()["observations"]
```