StatsSA confirms cost of living crisis
17 November 2022
Note to editors: Please find attached soundbite by Dr. Dion George MP.
Statistics released by StatsSA reveal that retail trade sales declined in the year to September.
The “food, beverages and tobacco in specialised stores” category was the most significant contributor to this overall decrease as the group saw a staggering 8.1% decrease in sales on an annual basis.
These numbers confirm that South Africans are under severe pressure from the government-induced cost of living crisis that has left households unable to afford the food items they were able to in the past.