Today's Labour News

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newsTimesLIVE reports that the cost of a basic household food basket has increased by 11.6% since July last year, hitting SA's low-income earners the hardest.  

This was indicated in the latest household food index compiled by the Pietermaritzburg Economic Justice and Dignity Group.  Although based in Pietermaritzburg, the index provides a picture of food price inflation as experienced by low-income households throughout SA, said the group's Mervyn Abrahams.  According to the latest index report, the cost of the household food basket increased by R355.21 (11.6%) from R3,057.93 in July 2019 to R3,413.14 in July 2020.  Nineteen of the 38 foods in the total household food basket were subject to VAT, meaning that 7.1% of the household food basket was made up of VAT costs.  The report showed that families living on low incomes were underspending on basic nutritional food.  In July 2020, families on low incomes with seven members underspent on basic nutritional food by 22% (R968.04).  Poorer households also felt the brunt of increases in prices of household domestic and personal hygiene products.  

  • Read the full original of the report in the above regard by Suthentira Govender at TimesLIVE

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