# Reserve Bank Governor Lesetja Kganyago says in July 2022, South Africa faced a sharp inflation divide. Speaking to CNBC Africa, Kganyago says that lower income earners faced 9.8-percent inflation compared to 4.9-percent for the wealthiest. The governor’s remarks highlighted how inequality deepens as rising prices hit low-income households the hardest. He warned that ignoring inflation means siding with the rich, not the poor:
SARB governor highlights inflation inequality in South Africa [SOUND]
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