The first quarter of 2023 started with a growing expectation of interest rate cuts by the US Federal Reserve not too far on the horizon. This did appear to be short-lived though but certainly increased fears of a US recession and the detrimental effect this would have on the rest of the world.
Food prices, electricity costs, municipal tariffs, medical aid fees – all are soaring as incomes fall, crushing South Africans’ personal finances, while load shedding adds to the pressure on businesses.
Inflation rises for second straight month in March dfa.co.za - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dfa.co.za Daily Mail and Mail on Sunday newspapers.