The impact of high inflation on households
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The cost of living continues to increase for South Africans, with the consumer inflation rate reaching a new 13-year high. Data from Stats SA data shows consumer inflation has continued on an upward trajectory, rising to an annual 7.8% in July, up from 7.4% the previous month. The main contributors were food and non-alcoholic beverages as well as electricity and transport. Mervyn Abrahams is the Programme Coordinator at Pietermaritzburg Economic Justice and Dignity, he joins us for this discussion. • For more news, visit sabcnews.com and also #SABCNews on all Social Media platforms.
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