Despite inflation slowing down, high prices for hot beverages remain

  • 📰 ewnupdates
  • ⏱ Reading Time:
  • 45 sec. here
  • 13 min. at publisher
  • 📊 Quality Score:
  • News: 59%
  • Publisher: 53%

Ewn News

Ewn News,News,Eyewitness News

The rates for instant coffee and black tea remain in double-digit territory, despite a drop in the annual inflation for non-alcoholic beverages.

JOHANNESBURG - Statistics SA said that consumers looking to get their coffee and tea fix were still paying high prices for hot beverages.

Stats SA released the latest inflation reading on Wednesday.The overall annual consumer inflation has slowed for a second consecutive month, easing from 5.3% in March to 5.2% in April. Housing and utilities, food and non-alcoholic beverages, as well as transport, were the main drivers behind the headline rate in April.

Despite there being no good news for coffee or tea lovers just yet, Stats SA said consumers with a sweet tooth were in for a treat at the tills after the rate for sugar, sweets and desserts cooled. Chief director for price statistics at Stats SA Patrick Kelly: "Bread and cereal inflation continued to slow, declining for a 12th consecutive month in April. The annual rate eased to 4,3% from 5,0% in March. Bread flour, cake flour, ready-mix flour, white bread, pasta, rusks, savoury biscuits and maize meal are cheaper than a year ago."

Ewn News News Eyewitness News Eye Witness News Latest News News Today Ewn South Africa Ewn-News Primedia+ Primedia Plus Prime Media Plus

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 30. in ZA

South Africa Latest News, South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Bafana star to move overseas despite Chiefs and Pirates interest?Bafana Bafana's new star Elias Mokwana might play his football in Europe having impressed during the FIFA Series last month.
Source: TheSAnews - 🏆 25. / 59 Read more »

Crusaders CEO rubbishes 'childish' talks to sack new coach despite horror Super Rugby seasonCrusaders CEO rubbishes 'childish' talks to sack new coach despite horror Super Rugby season
Source: News24 - 🏆 4. / 80 Read more »

'We're still alive': Bulls mentor Jake White remains upbeat despite mini-slump'We're still alive': Bulls mentor Jake White remains upbeat despite mini-slump
Source: News24 - 🏆 4. / 80 Read more »

Spotify gains disappoint investors despite record revenuesWhile Spotify says the latest quarter brings 'great news,' investors were disappointed by its slower user gains.
Source: htxtafrica - 🏆 42. / 51 Read more »

ANC in Gauteng optimistic of increased voter support, despite what the polls sayANC in Gauteng optimistic of increased voter support, despite what the polls say
Source: News24 - 🏆 4. / 80 Read more »

New calf, same threats: Javan rhinos continue to reproduce despite perilsSouth Africa Today, News source, provides breaking news on South Africa, world, Africa, sport, travel and more.
Source: SATodayNews - 🏆 44. / 51 Read more »