food inflation
No relief for South Africans as food prices soar
While global food prices are down 21%, food inflation in South Africa is up 14% as load-shedding, inclement weather, service delivery failure and instability take their toll
27 April 2023 - 05:00
Yet more South Africans will have been plunged into food insecurity after food prices spiked 14% in March. The jump in the cost of food — contributing more than a third to the annual increase in the inflation measure for the month — yanked the annual consumer price index upwards by 7.1%.
With a 20.5% price increase year on year, vegetables topped the list, followed by grains (20.3%), processed food (16.2%) and oils and fats (16%), according to Stats SA figures. ..
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