Salaries increase, but households still struggle to afford more
“The moderating inflation provided some breathing room for salary earners in July and contributed to the first monthly improvement in real net salaries in nine months,” said Kruger.
Shergeran Naidoo, head of stakeholder engagement at PayInc, said: “Average nominal net salary increased further to R21 642 in July, 0.“While the continued increase in nominal net salaries is encouraging, the broader picture shows that salary growth remains subdued.
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