Releasing its latest Essential Food Price Monitoring Report (EFPM) on Friday, the Competition Commission said the "slow transmission" of reduced cooking oil prices to consumers, for instance, raised concerns about retailers looking to capitalise on the wider margins of this important component of shopping baskets. Source: Retailers not cutting food prices fast enough - [...]
Sentiment in the retail industry in South Africa has ticked up though it remains in contractionary territory as consumers have begun feeling confident that the cost of living is slightly easing. Source: SA retailers confidence remains in contractionary territory, but optimism persists
Consumer inflation has dipped below the SA Reserve Bank's key target of 4.5%, cooling to 4.4% in August from 4.6% in July. Source: Inflation sinks below the Reserve Bank's key target | Business
Following a drop in fuel prices for the month of September, South African consumers could expect fuel prices to decrease in October. Source: Fuel prices expected to drop in October
Economists are predicting a big drop in petrol and diesel prices next month, saying it will bring much-needed relief to under-pressure consumers. Source: Big petrol price drop tipped for July
SA retail sales up 2.3% in March Source: SA retail sales up 2.3% in March
A big drop in global oil prices is signalling a significant drop in prices for both petrol and diesel in June. Source: Good news for petrol prices in June
Tiger Brands, South Africa’s biggest food producer, yesterday provided some indication of just how sharply food prices have risen after it pegged its overall basket inflation at a whopping 15 percent in the five months to August 31, from only 3 percent at March 31. Source: Tiger Brands forced to sharply increase its food [...]
The rate of inflation is above central bank targets in virtually every major developed and emerging market economy Source:Here’s what R100 could buy you in 1980 vs today
Engen has stepped up with fuel support to assist local humanitarian organisation, Ashraful Aid with its relief work in KwaZulu-Natal Source:Engen fuel support helps local NPO with flood relief efforts
