Consumer inflation slows in June: Mervyn Abrahams
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- Опубликовано: 15 окт 2024
- The inflation rate for June was 5.1% down from May when it stood at 5.2%. It is within the target range of 5-6%.
Several food and non-alcoholic beverage categories also showed lower annual rates in June. The interest rates were also kept unchanged.
But does this translate to more cash flow for households?
Mervyn Abrahams is the Programme Coordinator for the Pietermaritzburg Economic Justice and Dignity Group.
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Food prices is going up not down
I wonder which SPAR is currently selling milk cartons @ R79.99. Our SPAR is selling it at more than R100.00 currently.
Im also thinking this.. as here in freestate is over 100 rand
Who are these people trying to bluf.. food is over priced..