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South African salaries grew slightly but Middle East conflict threatens inflation and interest rate hikes.
South African salaries showed slight growth in February, but the escalating Middle East conflict is threatening to reverse gains by pushing inflation higher.
Economists warn fuel prices could surge, potentially raising inflation to 4.4% and prompting interest rate hikes.
This economic strain threatens household purchasing power and could lead to sustained negative real salary growth.
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Los salarios sudafricanos crecieron ligeramente, pero el conflicto en Oriente Medio amenaza la inflación y los aumentos de las tasas de interés.