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Sustained positive real growth for both disposable salaries
The recovery in both salaries and pensions continued in as both averaged increases above the rate of inflation for the sixth consecutive month. BankservAfrica data indicates that salaries increased by 1.1 per cent on average, after inflation, on a year ago while pensions increased by 0.9 per cent in real terms. For more CNBC Africa is joined by Mike Schussler, Chief Economist at Economists.co.za.
Fri, 29 Sep 2017 08:11:51 GMT
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