South Africa’s inflation rate slowed from 5.1% in June to 4.6% in July.
An inflation rate this low was last recorded in 2015.
The Money Show’s Bruce Whitfield interviewed Econometrix Treasury Management Director George Glynos.
Glynos discussed five reasons why your expenses feel like it’s increasing by so much more than the inflation rate.
Listen to the interview in the audio below (and/or scroll down for quotes from it).
It may not be an inflation issue, but rather a perception issue.— George Glynos, Econometrix
There is significant pressure on households.— George Glynos, Econometrix
The basket that Stats SA uses is an average…— George Glynos, Econometrix
Hedonic adjustment refers to the hankering for something better in the future.— George Glynos, Econometrix
Personal income tax is not captured in the inflation basket.— George Glynos, Econometrix
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