On the 2nd of July we reached the midway mark of 2023. It has flown by quicker than anybody anticipated. With it we’ve had fixed stress on our budgets and total monetary well being. A lot of our followers on social media have expressed their concern with the rising value in meals, petrol, and primary dwelling wants.
Sadly, June solely brings with it a number of decreases. 93 and 95 octane gas have each decreased by 71 cents. Diesel decreased by 84 cents and Paraffin decreased by 43 cents per litre. LPGAS elevated by 75 cents per kilogram.
The meals basket additionally elevated by R47,64. See the desk beneath for particular meals will increase.
Inflation might have decreased to six.8%, the repo fee and prime lending fee elevated to eight.25% and 11.75% respectively. Because of this your funds must think about debt reimbursement will increase in addition to provisional financial savings for subsequent month’s markup on groceries. Bear in mind, in case your debt repayments are overwhelming your funds, that assist is on the market.
