Business Day TV speaks to principal economist at the Competition Commission, Khalirendwe Ranenyeni
08 May 2024 - 20:50
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The lack of volume growth in the total food basket highlights the financial pressure experienced by consumers, says food producer RCL. Picture: 123RF
According to the Competition Commission’s Essential Food Pricing Monitoring Report, food prices are beginning to level off. In March, food inflation was at 5.1%, the lowest rate since September 2020. But concerns remain as the rate at which food costs are rising could endanger food security. Business Day TV unpacked this in more detail with principal economist at the Competition Commission, Khalirendwe Ranenyeni.
Support our award-winning journalism. The Premium package (digital only) is R30 for the first month and thereafter you pay R129 p/m now ad-free for all subscribers.
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WATCH: Food prices start to stabilise
Business Day TV speaks to principal economist at the Competition Commission, Khalirendwe Ranenyeni
According to the Competition Commission’s Essential Food Pricing Monitoring Report, food prices are beginning to level off. In March, food inflation was at 5.1%, the lowest rate since September 2020. But concerns remain as the rate at which food costs are rising could endanger food security. Business Day TV unpacked this in more detail with principal economist at the Competition Commission, Khalirendwe Ranenyeni.
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