💨 Abstract

Inflation in South Africa increased slightly to 3% in December 2024, up from 2.9% in November. This means that the cost of goods and services is 3% higher compared to a year ago. Housing, utilities, miscellaneous goods, food, and alcoholic beverages/tobacco were major contributors to the increase. For the average South African, this means higher everyday costs, particularly in grocery shopping and utility bills.

Courtesy: www.thesouthafrican.com

Summarized by Einstein Beta 🤖