Low Inflation Boosts Take-Home Salaries and Pensions in July
South African salaries increased for the fifth consecutive month in July with average salaries and pensions rising – leading to the strong possibility of a consumer recovery. This is according to the latest monthly data from BankservAfrica’s Disposable Salary Index (BDSI) and Private Pension Index (BPPI). This is the first time since December 2015 that