Some moderation in South Africa’s consumer food inflation?

The data released by Statistics South Africa on May 24 shows that consumer food inflation moderated at 14,3% in April 2023 from 14,4% in the previous month. The food products prices that underpinned this slight deceleration are meat; oils and fats; and fruit....

South Africa’s consumer food inflation closer to the peak

The recently released data by Statistics South Africa shows that consumer food inflation accelerated to 14,4% in March 2023 from 14,0% in the previous month. The food product prices that increased notably were milk, eggs, and cheese; fruit; vegetables; and sugar,...

Competition Commission investigation into the food industry is necessary

Mzansi Agriculture Talk · Competition Commission investigation into the food industry is necessary The release of the latest macro-economic data by Statistics South Africa (“StatSA”) provides an interesting reading. StatSA figures were released soon after publication...

Agricultural fortunes in 2022

After a solid performance of 8,8% y/y in 2021, we thought South Africa’s agricultural gross value added would contract mildly in 2022. But the data released today by Statistics South Africa paints a slightly positive picture, showing that the sector expanded somewhat...