MPC: Consumers face a perfect storm of rate, fuel and food increases

MPC's vote to raise rates seen as sign of a more hawkish stance at Reserve Bank

27 March 2022 - 00:04

By Dineo Faku

Consumers will pay more for home loans, vehicle finance and credit cards after the central bank this week hiked the repo rate, and further increases expected this year - along with food and fuel price rises - will add to the burden.

This article is reserved for Sunday Times subscribers.

A subscription gives you full digital access to all Sunday Times content.

Please visit SundayTimes.co.za in your desktop to view our latest subscription options.

Already subscribed? Simply sign in below.

Questions or problems? Email helpdesk@timeslive.co.za or call 0860 52 52 00.