Average consumer cannot afford food, warns economic group
The latest inflation figures will see the average South African suffering even more under the crushing cost of living.
Source: ecr.co.za
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Household Affordability Index shows a worrisome increase in food prices
Household Affordability Index shows a worrisome increase in food prices 27 January 2021 4:54 PM Share This: Economic Justice & Dignity Group Programme director Mervyn Abrahams says they have seen in an increase in prices of staple food. The January 2021 Household Affordability Index, shows that the average cost of the Household Food Basket increased. The affordability Index tracks food price data from 44 supermarkets and 30 butcheries in Johannesburg, Durban, Cape Town, Pietermaritzburg and Springbok. The data shows the average cost of the Household Food Basket is R4 051,20. John Perlman sp...
Source: 702.co.za