
Consumers fear they are running out of financial breathing room
A Debt Rescue survey suggests many households have little capacity left to absorb higher borrowing costs, adding to concerns about rising food, fuel, and electricity expenses.

A Debt Rescue survey suggests many households have little capacity left to absorb higher borrowing costs, adding to concerns about rising food, fuel, and electricity expenses.

The SARB still faces risks, although lower oil prices and improving supply expectations point to a less threatening inflation path than three weeks ago.

The main pressure on petrol prices is coming from global crude markets and freight costs rather than taxes alone.

Fuel-price shocks, sticky services inflation, and global pressures are making it harder for the SARB to keep inflation anchored near its new goal, says Sanlam.

The Reserve Bank is not ruling out more rate tightening after successive fuel price jumps have revived inflation risks.

Temporary fuel levy relief ends on 5 May as pressure builds at the pumps. The High Court case will test whether the minister can adjust the levy without Parliament.
The fuel levy hike remains in force, but a broader court challenge over the finance minister’s power to increase taxes continues.

The drier El Niño weather pattern is emerging as one of the biggest risks to the outlook for food inflation.