Food prices are the next inflation threat. With fuel levies being phased out, rates rising and July tariff increases looming, the squeeze is compounding.

This comes as consumers are already battling shrinking salaries, rising living costs and mounting debt.

Food prices are the next inflation threat. With fuel levies being phased out, rates rising and July tariff increases looming, the squeeze is compounding.

South Africa’s latest interest rate hike is expected to increase pressure on farmers already facing rising fuel costs, input inflation and climate uncertainty.