Tag: economy
-
Food prices edge higher despite overall inflation cooling to 4.4%
Inflation for food and beverages edged higher in August, breaking an eight-month downtrend, according to data released by Statistics SA on Wednesday. Consumer inflation slowed overall to 4.4%. This is the lowest it has been since April 2021. Annual food and non-alcoholic beverages inflation accelerated to 4.7% in August, up from 4.5% in July. The…
-
Petrol price to drop by R1 a litre for second consecutive month
Relief on the horizon for South Africa’s drivers after the Department of Energy announced that the price of petrol is set to drop. From Thursday 3 July, the price of 95 octane fuel will decrease by 99c, bringing it down to R23.26 a litre (inland prices). This is the first time petrol has been at…
-
Freight failures: Transnet’s rail woes impact SA’s coal exports
Transnet transported 58-million fewer tonnes of coal, iron ore and other commodities in the 2022/3 financial year than it did 10 years ago, with coal making up a third of its freight. The state-owned entity attributes the reduced rail capacity to underinvestment in network rehabilitation, vandalism and sabotage as well as to disputes over locomotive…
-
The Outlier’s grocery basket: January 2023
Every month we take a look at the in-store prices of the same basket of goods across six major retailers – Shoprite, Checkers, Pick n Pay, Spar, Food Lover’s Market and Woolworths.
-
The Outlier’s grocery basket: October 2022
For two months in a row, Spar’s basket has been the most expensive option. Shoprite’s has been the most affordable since we added the retailer to the list in August.
-
The Outlier’s grocery basket: September 2022
Spar’s basket was the most expensive option this month and Shoprite’s was the cheapest. The same bag of groceries differed by R48. Find out more in our September 2022 update.