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South African households under pressure as cost of living soars
Most South Africans are getting poorer, in real terms. Rising inflation is reducing take home pay as most wages increases fail to keep up with higher prices. For more on the state of the consumer ahead of June’s retail sales report. Annabel Bishop, Chief Economist, Investec joins CNBC Africa for more.
Wed, 17 Aug 2022 11:10:47 GMT
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