UASA Media Release: 23 September 2026
Statement by Abigail Moyo, spokesperson of the trade union UASA:
UASA has noted with concern the latest Consumer Price Index (CPI) figures released by Statistics South Africa, which show annual consumer inflation increasing to 4.4% in August 2026, up from 4.3% in July.
While the increase may appear modest, it underscores the persistent cost-of-living pressures facing South African workers and their families. At a time when many households already struggle to balance rising expenses with stagnant disposable income, even marginal inflation increases can significantly erode purchasing power.
The latest data highlights ongoing pressures in categories that directly affect working households. Although petrol prices declined between July and August, diesel prices rose by 3.1%, contributing to higher transport and operating costs that often filter through the broader economy and ultimately impact consumers.
According to UASA, the rise in headline inflation reminds many South Africans that they have yet to experience meaningful relief from the financial strain that has characterised the economic environment over the past several years. Workers continue to face rising costs for food, transport, housing and other essential household expenses, putting further pressure on already stretched budgets.
The union further warns that a renewed upward trend in inflation could influence future monetary policy decisions. If inflationary pressures persist, tighter monetary policy may remain on the table, limiting opportunities for interest rate relief and increasing pressure on indebted consumers.
South African workers cannot be expected to keep absorbing rising living costs without corresponding improvements in wages, economic growth, and employment opportunities.
Households require a stable economic environment in which earnings can meaningfully support families and provide financial security.
UASA therefore calls on policymakers and economic stakeholders to prioritise interventions that stimulate growth, protect jobs and strengthen consumers’ purchasing power. Sustainable solutions are needed to ensure that working South Africans are not left carrying the burden of ongoing inflationary pressures.
In the meantime, consumers are encouraged to manage their finances prudently, review household budgets carefully, and avoid unnecessary debt wherever possible.
For further enquiries or to set up a personal interview,contact Abigail Moyo at 065 170 0162.