Salt River, Cape Town  14 September 2024

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Slow inflation drop offers little relief for struggling households

By Lee-Yandra Paulsen As consumer inflation slightly dropped last week, we want to understand what the month of May looked like by checking in with those tracking the Household Affordability Index report. Pietermaritzburg Economic Justice & Dignity Group Programme Coordinator, Mervyn Abrahams, spoke to VOC Breakfast on Monday about these developments. “What we are seeing since April is a slight decline in inflationary pressures. For instance, the Consumer Price Index […]

today27 May 2024

News

SA consumers to pay more than R5k for basic food basket

As if South African consumers aren’t struggling enough to make ends meet, Programme Coordinator at the Pietermaritzburg Economic Justice & Dignity Group Mervyn Abrahams said consumers can expect to pay even more for their basic food necessities. “We expect that a basket of food will for the first time cross the threshold of R5,000,” said Abrahams. He further added, food commodity prices are coming down globally. However, the cost of […]

today26 April 2023

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