Economist groups have warned that the cost of living will rise in the coming months as the agricultural sector braces for the impact of fuel hikes.
Although 29 items in the household food basket recorded price decreases recently, experts caution that this trend may not hold as the economy adjusts to the effects of the ongoing conflict in the Middle East.
As of Wednesday, petrol increased by R3.06 per litre, while diesel rose sharply by between R7.37 and R7.51 per litre, adding further pressure on already strained household budgets. The price of electricity also went up by 8,76 for direct Eskom users.
