DStv Channel 403 Friday, 08 November 2024

Discussion | Household budgets ease as food costs decrease

 

PIETERMARITZBURG - There’s a glimmer of relief for South Africans grappling with mounting living expenses.

The Household Affordability Index, which tracks food price data, shows a decrease in the costs of the household food basket by nearly 1.5% in June.

The average cost of essential groceries dipped slightly, by R77,53 cents, from R5,330 in May. 

READ: Cost of living crisis | Consumers seek more affordable foods

The drop offers a bit of breathing room amid the broader economic challenges confronting many families nationwide.

Mervyn Abrahams, Programme Coordinator at the Pietermaritzburg Economic Justice & Dignity Group, spoke to eNCA. 

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