South Africa: Reality - Salaries Down - 0.4 Percent So Far This Year

28 September 2016

For the first eight months this year, real take-home salaries in South Africa declined by -0.4%, according to the latest BankservAfrica Disposable Salary Index (BDSI).

Year-on-year real disposable salaries declined in August for the third consecutive month and for the fifth time in 2016, with employees taking home -2.5% less due to increased inflation.

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