South Africans are feeling effects of the pandemic in their wallets

South Africans certainly know that life has gotten more expensive due to the COVID-19 pandemic. In a major international survey conducted in 26 countries, the majority of people say the overall cost of food, goods and services have increased for them and their families.

Some 60% of people said in an online poll of nearly 18000 people -conducted by Ipsos from 22 May to 5 June- that costs have increased for them somewhat or a lot. Ipsos is the world’s third largest market research company, present in 90 markets serving more than 5000 clients across the world.

81% of South Africans say they are really feeling the pinch, putting them in line with respondents in Argentina, with Mexico (81%), Turkey (80%) and Chile and Belgium (79%) coming close behind.

In the survey South Africans said they strongly feel that food and utility prices increased extraordinarily in comparison to other costs. According to the survey, 80% of South Africans said that the prices of food, groceries and household supplies increased, 60% said the prices of utilities (including water, electricity, communication) increased. The costs of healthcare (40%) and personal beauty (36%) were also perceived to have increased.

“South African women are more worried about this issue than men, with 84% of women and 77% of men saying that the overall cost of necessities have increased over the last few months,” the report states.

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