Inflation up again in March due to high food prices | The Citizen

📈 The inflation rate soared to a 14-year high in March, with 🍲 food prices still climbing leaving South Africans in distress. CostOfLivingCrisis TheCeitizenNews Inflation Find out more⬇️

The price of oils and fats decreased for a seventh successive month, dragging the annual rate to 16,0% from 16,7%.The transport index increased by 8,9% in the 12 months to March, down from the 9,9% annual rate recorded in February.

This month’s data also included education fees which are surveyed once a year in March. Overall, fees increased by 5,7% in 2023, which was higher than the 4,4% increase recorded in 2022. Other notable price changes in March included new sin taxes, housing rentals, household contents and services, domestic worker wages and personal care items.

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