SA's latest inflation rate should raise eyebrows for several reasons - and as prices run riot, energy poverty makes matters worse for those already struggling financially, says Khaya Sithole.
This week, Statistics South Africa published the consumer inflation data for the month of May. The key highlights related to the extraordinary increases in the prices of some common goods.
Sunflower oil clocked in at 30% increase; tomatoes escalated by 29%; and sweet potatoes increased by 17%. Even the porridge prices went up by 14.8% and white sugar increased by 11.5%.
