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Inflation Monitor | April 2023
Annual consumer inflation fell to 6.8% in April from 7.1% in March. This is the lowest reading since May 2022.
A review of minimum wages in South Africa
Increases in the national minimum wage were above inflation from 2021 to 2023, resulting in real wage increases of 1.3% in 2021, 1% in 2022 and 2.6% in 2023. The National Minimum Wage Commission gazetted a medium-term target that requires increases above CPI for the lowest paid workers.
Inflation Monitor | March 2023
Annual consumer price inflation was 7,1% in March 2023, up from 7,0% in February 2023. The CPI increased by 1,0% month-on-month in March 2023.
Inflation Monitor | February 2023
A simplified version of the latest inflation data to support negotiators and the union’s bargaining process.
Bargaining Benchmarks | March 2023
Benchmarks to help union negotiators enter negotiations as informed players.