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Low-income households now spend 47% more on groceries than in 2019 – report | Business

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Grocery items which low-income households buy, like cooking oil and brown bread, have increased dramatically. These consumers can't buy down because they are already buying the basics. | News24_Business

South Africa's mass market - people earning the lowest income in Discovery Bank and Visa's client bases - are spending 47% more on groceries now than in 2019.

This is according to the Discovery Bank and Visa SpendTrend23 report released on Wednesday.Get 14 days free to read all our investigative and in-depth journalism. Thereafter you will be billed R75 per month. You can cancel anytime and if you cancel within 14 days you won't be billed.

 

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_Business Has anyone noticed from 69.99 pack of 6 milk in early December to now almost 129 how has milk just doubled in price 🙄

_Business Not only the low income households everybody is feeling it. Just worse for us the lower incomes but we still have to pay all the taxes to the corrupt government

_Business So do high income households pay less? Or don't they use cooking oil and brown bread?

_Business Special thanks to myanc

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