Food prices in South Africa

Food inflation has been topical over the past few months, and South Africa saw double-digit levels from mid-2022 to mid-2023. This was not unique to South Africa but a global phenomenon underpinned by various factors, including drought in South America; China’s strong...

South Africa’s consumer food inflation continued to slow in August

South Africa’s consumer food inflation slowed to 8,2% in August 2023 from 10% in the previous month. The product prices underpinning this deceleration are similar to the previous month, mainly bread and cereals; meat; fish; oils and fats; milk, eggs and cheese; and...