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South Africa’s real wages fell in October 2025 despite steady nominal pay, as inflation outpaced wage growth.
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.
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%.
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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Los salarios reales de Sudáfrica cayeron en octubre de 2025 a pesar de un salario nominal estable, ya que la inflación superó el crecimiento salarial.