Consumers will have difficulty affording basic necessities: Economist - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.

📆 2022/04/24 05:26:00
📰 SABCNews

⏱ Reading Time:
12 sec. here
2 min. at publisher
📊 Quality Score:
News: 8%
Publisher: 51%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

ICYMI: Economist Dr Azar Jammine, says consumers, including those with fixed salaries, will have difficulty in the coming months affording basic necessities as a result of the inflationary pressures in South Africa.

[File photo] Customer paying a bill at a telleras a result of the inflationary pressures in South Africa.in March, from 5.

7% – marking the eleventh consecutive month inflation has been higher than the midpoint of the South African Reserve Bank’s target range of 3 to 6%.Jammine says consumers’ ability to spend has been eroded.Share article

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

Write Comment

Its painful and only poor citizens will be severely affected because of unequal distribution of wealth. SA is not democratic at all,democracy is for politicians only since they can politick with our own plight and think they are powerful

South Africa South Africa Latest News, South Africa South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

The end of an era for another state-owned company in South AfricaParliament’s portfolio committee on public enterprises says the conclusion of the South African Express (SAX) Airline liquidation process can serve as a lesson in how the state should run state-owned entities (SOEs) and avoid future closures.
Source: BusinessTechSA - 🏆 24. / 61 Read more »