Which six things are more expensive in SA at the start of 2022?

Which six things are more expensive in SA at the start of 2022?

Most of these are basic needs in our daily lives...

Ways to save money and your electricity in the process
Ways to save money and your electricity in the process. Image: Pixabay

The annual headline inflation jumped to 5.9% in December 2021 from 5.5% in November 2021. This is according to Statistics South Africa. 

It is shared that this is the highest annual increase since March 2017 when the rate was 6.1%. 

READ MORE: Food prices hit 10-year high in 2021: UN

So what does this mean for your pocket? 

It will be a little more costly than usual spending on some items that you may use in your everyday life. 

Here are those six things that are more expensive right now: 

  • Fuel: +40.5%

We use fuel daily and it has been one of the things that digs really deep into our pockets. 

  • Oils and fats: +20.8%

The majority of the food that we cook need a little bit of cooking oil - gravy, eggs sometimes, meat etc. You will have to just hold on a little tighter and hope that it doesn't knock you off your budget. 

READ MORE: Misconceptions of Darren, Keri, and Sky - Keri is NOT vegan

  • Meat: +8.6%

If you're vegan or vegetarian, at least you do not have this to worry about on your budget. It does not come as a surprise that meat is on this list as it already one of the most expensive foods in the market. 

  • Wine: +7.8%

Now here is something that you may be able to avoid for the first bit of the year. Can anyone die from a lack of wine? If you feel you may not survive, then we are happy to have alerted you that it costs a little more for now. 

READ MORE: Eskom switching off 16 000 MW would annihilate SA economy: expert

  • Electricity and other fuels: +14%

Your electricity bill might look higher than usual, blame the inflation. Use it sparingly during this time to avoid unprepared payments at the moment.

  • Milk, eggs and cheese: +5.3%

Again, vegans will have a bit of grace from not consuming these items. But plenty of other South Africans have this in their fridges for basic food and the increase in price will affect them. 

READ MORE: Stats SA needs to review how economy is measured: Cosatu

One of the main things affecting this increase is the transporting of these items to varying provinces. 

“Fuel prices jumped by 40.5% in December 2021 compared with December 2020, with the price of inland 95-octane petrol rising to R20.29 per litre. This is the first time that the price has broken through the R20 per litre mark," StatsSA shared. 

So keep a mental note or even a physical one for your next grocery run. 

You can thank us later!

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