DStv Channel 403 Tuesday, 05 November 2024

Household affordability index | Year-on-year food basket increased by R70.63

JOHANNESBURG - The latest Household Affordability Index shows that the average cost of food on a month-on-month basis has increased by R23.24. 

WATCH: Discussion | Household budgets ease as food costs decrease

This means that in July, you've probably paid over R2,000 for a basket, which includes maize meal, rice, oil, sugar tea, and other household items. 

The year-on-year basket increased by R70.63. 

Sibusiso Mboto from the Pietermaritzburg Economic Justice And Dignity Group discussed this with eNCA.

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