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- Consumer inflation accelerates to 5% in June, the highest since 2024
- Inflation warning: Loaf of bread could cost R45 in the next decade
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Category Archives: Food Security
Consumer finances crumble under pressure of rising prices and interest
FacebookTwitterLinkedinemailPrintIna Opperman, The Citizen, 4 August 2022 Consumer finances unsurprisingly crumbled under the pressure of rising prices and interest rates in the second quarter of 2022, with every subcomponent of the Momentum-Unisa Consumer Financial Vulnerability Index deteriorating, including income, expenditure, … Continue reading
Latest food basket prices provide little good news for the poor, hungry
FacebookTwitterLinkedinemailPrintIna Opperman, The Citizen, 30 July 2022 The food basket results for July doesn’t bode well for the country’s poor and hungry, with the basket costing R611.44 more than in July last year and R60.06 more than in June this … Continue reading
Food prices increased by 1.3% in July — households underspend on nutrition
FacebookTwitterLinkedinemailPrintAlex Patrick, Sowetan Live, 29 July 2022 A trip to the shops will cost 1.3% more than it did in June. Read More
Biggest interest rate hike since 2002 to drain South Africans’ pockets
FacebookTwitterLinkedinemailPrintThe Citizen, 21 July 2022 South Africans will feel even more pain in their pockets after the repo rate was increased by 75 basis points on Thursday, a day after it was announced that inflation is at its highest since … Continue reading
South African consumers to feel the pinch as inflation soars
FacebookTwitterLinkedinemailPrintNaledi Ngcobo, SABC News, 20 July 2022 Consumers are set to come under higher price pressures as inflation continues to exceed its highest levels in thirteen years. Read More
Inflation for June surges by 1.1% to become highest in 13 years
FacebookTwitterLinkedinemailPrintIna Opperman, The Citizen, 20 July 2022 Inflation for June surged by 1.1% compared to May to become the highest in 13 years, mainly due to fuel and food prices. Read More
