💨 Abstract

South Africa's inflation rate has risen to 4.5%, driven mainly by transport costs, particularly fuel. Transport inflation is at 10.8%, with petrol up 25% and diesel up 46% year-on-year. Housing and utilities also saw significant increases. However, food inflation remains low at 1.2%. The impact of inflation varies by household, with those heavily reliant on transport feeling the pinch more.

Courtesy: Sundeeka Mungroo