Inflation Rises to Ten-Month High, Food Prices Continue to Squeeze Households
Statistics South Africa released the latest inflation figures on Wednesday, noting a ten-month high of 3.5% in July, up from 3% in June. The increase places further pressure on already stretched household budgets, particularly when it comes to food. The inflation rate increased to a 10-month high of 3.5% in July from 3% in June, the highest rate since September 2024, when it was 3.8%. Food and non-alcoholic beverage inflation […]