Customer inflation basket updated by Stats SA
The consumer inflation basket has been redesigned by Statistics South Africa (Stats SA), which has added 71 items, eliminated 53, and rearranged 29. While things like ground coffee and satellite TV decoders were discontinued, new inclusions include gas cylinders, school uniforms, streaming services, and basmati rice. Patrick Kelly, chief director for price statistics said the updated product weights show rising food and telecom expenditures. Kelly claimed that the revised basket, […]