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Riverside Herald
Food, fuel, and electricity still bite—even when the macro numbers look stable
South Africa’s macro picture looks steady on paper, yet fuel pass-through, taxi fares, and power bills leave less in the bag at the till—and local retailers hea
On paper, South Africa’s economy is holding a steady line. Annual consumer inflation reached 4.0% in April 2026, still within the Reserve Bank’s tolerance band around its 3% target, and official food inflation has cooled to 2.9% ( Stats SA — Consumer Price Index, April 2026 ). The International Monetary Fund projects real GDP growth of 1.0% for 2026 ( IMF — South Africa country data ). Those are the numbers policymakers cite when they speak of macro stability. At the spaza…