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Codera AnalyticsBankservAfrica publish nominal and real Take-home Pay and Private Pensions indices. According to BankservAfrica’s figures, the year-on-year growth in takehome pay has averaged -2.3% in 2023 (-8.6% real), and 6.7% (0.4% real) in the case of pensions. The declining historical trend in the takehome pay measure raises concern over the representativeness of the index.
