News24 Business front pageContrary to forecasts, annual consumer price inflation is still heading higher – reaching 7.1% in March, up from 7.0% in February. Economists expected CPI to cool to below 7% in March.
But inflation has started cooling in the categories for bread and cereals , meat as well as oils and fats .Prices for personal care items increased by 11.1%, the highest rate since 2009. Primary and pre-primary school fees were up 6.3%, while fees for secondary school rose 5.8% and by 5.3% at tertiary institutions. Textbook prices jumped 11.3%, the largest annual increase since 2009.
_Business Powder Keg for SA, given the huge amount of people 20m + just surviving. If SA was actually a functioning state, we are not, the Govt would have the capacity to investigate the gouging that goes on, where the prices are put up 25% by retailers to test the elasticity of demand.
_Business Meanwhile sassa pensioners get R10 increase
_Business When last did these economists go food shopping? Every week I buy less and pay more, and I am comfortably middle-class...
Sverige Senaste nytt, Sverige Rubriker
Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.
South African business confidence falls further in March - SACCISouth African business confidence fell further in March, with power blackouts, rising interest rates and lower share prices on the Johannesburg bourse among factors weighing on sentiment, data showed on Tuesday.
Källa: ReutersAfrica - 🏆 31. / 53 Läs mer »
Business confidence slips in March, but tourism a bright spotLoad-shedding, higher interest rates and JSE volatility push down business confidence index
Källa: BDliveSA - 🏆 12. / 63 Läs mer »