
Escalating food prices hit consumers hard
JOHANNESBURG - The cost of essential groceries has increased across the country.
That's according to the May Household Affordability Index.
It highlights the growing gap between our income and the cost of living, and it's only making the economic picture even bleaker.
Mervyn Abrahams from the Pietermaritzburg Economic Justice and Dignity Group says a basket of food with basic essential stuff ads to R5466, which is a 1% increase from a month ago.
He says most increases are witnessed in staple foods like potatoes, onions, spinach and chicken.
Abrahams has attributed these increases to season changes, fuel prices and retail sector increases.
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IOL News
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