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SA salaries are rising but inflation is wiping out the gains

PayInc says average take-home pay down 3.6% from a year ago in real terms, with more pain to come as inflation rockets to 5%

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iol.co.za

businessday.co.za

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businessday.co.zaStai leggendo1 g fa

SA salaries are rising but inflation is wiping out the gains

PayInc says average take-home pay down 3.6% from a year ago in real terms, with more pain to come as inflation rockets to 5%

originale

iol.co.za1 g fa

Inflation erodes salary gains as South Africans' purchasing power hits two-year low

The PayInc Net Salary Index shows a slight increase in nominal salaries for June 2026, but inflation continues to erode purchasing power, leaving South African households under financial strain

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Timeline cronologica

mercoledì 22 luglio 2026·iol.co.za
Cost of living bites harder as inflation climbs to 5%
The cost of living in June was higher than expected, moving to levels last seen two years ago.
mercoledì 22 luglio 2026·iol.co.za
Inflation climbs to 5%, putting pressure on South African consumers
The cost of living in June was higher than expected, moving to levels last seen two years ago.

SA salaries are rising but inflation is wiping out the gains

Confronto fonti

SA salaries are rising but inflation is wiping out the gains

Inflation erodes salary gains as South Africans' purchasing power hits two-year low

Timeline cronologica

Cost of living bites harder as inflation climbs to 5%

Inflation climbs to 5%, putting pressure on South African consumers

South Africa's cost of living spikes: Inflation reaches 5% in June

SA salaries are rising but inflation is wiping out the gains

South Africans are earning more, so why does it feel like less?

Inflation erodes salary gains as South Africans' purchasing power hits two-year low