Millions of workers in South Africa earn the minimum wage and struggle to afford basic food items and the gap is just getting ...

The discrepancy is because the cost of rent and medical expenses are not used to calculate the consumer price index, from ...

While the minimum wage in South Africa increased by 38% over the past five years, the price of the food basket increased by ...

Low-income consumers cannot afford nutritious food for their families as the price of the household food basket continues to increase.

January’s consumer price index exceeded expectations, leading to diminished hopes for multiple Federal Reserve rate cuts.

When inflation is limited, prices stabilize, preventing excessive increases in the cost of goods and services.

Foods in the basket which increased in price in January ... StatsSA’s Producer Price Index for November 2024[2] shows agriculture was 3,6%. The National Minimum Wage is R27,58 an hour and ...

Higher prices for car insurance, airfares and a record monthly increase in the cost of prescription drugs paced the rise core ...

The Greenback raced to weekly highs near 108.50 measured by the US Dollar Index (DXY) right after the latest US CPI data hit the wires, propelled further by a strong uptick in US Treasury yields ...

France also uses the Harmonised Index of Consumer Prices (HICP), which follows a standardized methodology set by Eurostat.

Underlying US inflation last month rose by the most since March, diminishing chances the Federal Reserve will lower interest ...