DStv Channel 403 Saturday, 02 November 2024

Cost of Living Crisis | Household affordability index in light of news CPI figures

PIETERMARITZBURG - For months, the cost of living has remained high and many South Africans have had to dig deeper into their pockets just to afford essential household items.

Consumer Price inflation numbers show that inflation eased to a three-year low of four-point-six-percent in July.

READ: CPI declines to three-year low of 4.6%

But does this mean consumers will finally get to breathe a bit?

Mervyn Abrahams from the Pietermaritzburg Economic Justice and Dignity Group, an organisation that monitors food prices had a conversation with eNCA.

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