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flag South Africa’s real wages fell in October 2025 despite steady nominal pay, as inflation outpaced wage growth.

flag South Africa’s net salaries held steady at R21,414 in October 2025, up 1.8% from a year earlier, but real wages declined for the fourth consecutive month due to inflation hitting 3.6%, outpacing wage growth. flag Despite a 4% nominal increase in earnings and strong job creation—125,000 additional salaries paid through October—economic growth remains weak at 1%–1.3%, and productivity growth slowed to 1.1%. flag Household consumption rose 2.9% in the first half of 2025, and economists warn that boosting productivity through technology and faster payments is key to sustaining wage growth and job creation.

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