Share

Homes spend more on energy than food

Johannesburg - Dramatic increases in electricity tariffs mean that nearly a third of spending by households goes towards housing‚ water‚ electricity‚ gas and other fuels‚ Statistics SA said.

This dwarfs the percentage of income spent on food‚ which accounted for just 12.8% of overall spending‚ it said in an income and expenditure survey for 2010-11.

The figures from this survey will be used as a basis for calculating new weights for the basket of goods and services measured by the consumer price index from the start of next year.

At present‚ the current weights are based on data from an income and expenditure survey for 2005-06.

Transport‚ which would include the rising cost of petrol‚ accounted for 17.1% of overall spending‚ the survey showed.

Miscellaneous goods and services accounted for 14.7% of overall spending.

 
We live in a world where facts and fiction get blurred
Who we choose to trust can have a profound impact on our lives. Join thousands of devoted South Africans who look to News24 to bring them news they can trust every day. As we celebrate 25 years, become a News24 subscriber as we strive to keep you informed, inspired and empowered.
Join News24 today
heading
description
username
Show Comments ()
Rand - Dollar
18.94
-0.9%
Rand - Pound
24.10
-0.9%
Rand - Euro
20.59
-0.7%
Rand - Aus dollar
12.42
-0.9%
Rand - Yen
0.13
-0.8%
Platinum
915.75
-0.8%
Palladium
1,028.36
-3.5%
Gold
2,159.96
+0.2%
Silver
25.03
-0.6%
Brent Crude
85.34
-0.1%
Top 40
66,252
0.0%
All Share
72,431
0.0%
Resource 10
53,317
0.0%
Industrial 25
100,473
0.0%
Financial 15
16,622
0.0%
All JSE data delayed by at least 15 minutes Iress logo
Company Snapshot
Editorial feedback and complaints

Contact the public editor with feedback for our journalists, complaints, queries or suggestions about articles on News24.

LEARN MORE
Government tenders

Find public sector tender opportunities in South Africa here.

Government tenders
This portal provides access to information on all tenders made by all public sector organisations in all spheres of government.
Browse tenders