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This week’s fuel price hike, which has had a domino effect on food and transport costs, is making the lives of hundreds of thousands of South Africans unbearable, with some opting out of employment because they can no longer afford to commute to their workplaces.
Fuelled by global conditions that have been exacerbated by the fallout from Russia’s invasion of Ukraine, South Africa’s headline consumer price index (CPI) exceeded the SA Reserve Bank’s upper target limit of 6% and hit 6.5%.
