JOHANNESBURG - The latest Household Affordability Index shows South African consumers are under growing financial strain.
Rising fuel and food prices continue to squeeze budgets.
The data highlights how higher transport costs driven by global oil prices are feeding into everyday expenses.
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With petrol and diesel prices expected to rise further, the pressure on households is likely to intensify.
While government has introduced temporary relief measures, concerns remain that these may not be enough to offset a sustained increase in the cost of basic goods.