The latest cost of living report by the Competition Commission paints a worrying picture of South African households. The second edition of the report highlights how rising food, electricity and transport costs continue to outpace income growth.
This has disproportionately affected lower income households as they spend a bigger share of their income on the basics.
The Commissions economist Andiswa Sibhukwana says persistent food inflation and administered costs also make it increasingly difficult for households to make ends meet.
