17-05-2025
Release of report on cost of living trends
CAPE TOWN - The National Development Plan Vision 2030 has collaborated with UNICEF to report on cost of living trends from 2011-23.
This as it seeks ways to address poverty and inequality.
The report looks at how the increased cost of living impacts service provision and household well-being and whether wages have kept pace with these increases.
According to Professor Julian May from the Centre of Excellence in Food Security, prices have climbed by 95% since the period they covered , while wages have not kept up.
