INFOGRAPHIC | Understanding food inflation in 2023
Food inflation summary for the year 2023.
‘SARB unlikely to hike interest rates despite increased inflation’
Higher food and fuel prices were the main drivers of inflation in October.
Food inflation at nearly twice the rate of overall inflation: Competition Commission
Food inflation remains high despite the overall slowdown in prices.
Cabinet calls for investigation into soaring food prices
Cabinet has asked government’s economic cluster to look into the rising cost of food prices and its
July’s consumer inflation declines to 2-year low of 4.7%
South Africa’s annual inflation rate fell to a two-year low of 4.7% for the month of July from 5.4%,
Economists concerned frozen potatoes price may increase
There are concerns among some economists that the price of frozen potatoes may increase, adding to
Reserve Bank report shows inflation stabilising
South Africa’s inflation is expected to stabilise after peaking at 7.1% in March this year.
Inflation figures point to another interest rate hike: Economist
There is no relief in sight for consumers as cost pressures persist on the back of elevated food