Currantly
Expert Member
- Joined
- Dec 24, 2014
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- In the past decade, administered prices have increased enormously more than general inflation, the Reserve Bank told Parliament.
- Electricity prices are up 177% over the past 10 years, while municipal rates and taxes have increased by 118%.
- That compares to headline CPI of 68%.
- But the stand-out price increase is in water, which now costs 213% more than at the beginning of 2010.
- For more stories go to www.BusinessInsider.co.za.
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