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On the twond of July we reached the midway mark of 2023. It has flown by sooner than anybody anticipated. With it we have now had fixed strain on our budgets and general monetary well being. A lot of our followers on social media have expressed their concern with the rising value in meals, petrol, and fundamental dwelling wants.
Sadly, June solely brings with it a couple 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 under for particular meals will increase.
Inflation might have decreased to six.8%, the repo price and prime lending price elevated to eight.25% and 11.75% respectively. Which means that your finances must consider 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 finances, that assist is accessible.
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