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

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

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

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

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 ...

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

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 ...

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

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