Prices for these foods in South Africa have shot up over 20%

The latest Household Affordability Index by the Pietermaritzburg Economic Justice & Dignity group shows that food prices in South Africa remain stubbornly high, with warnings that the pressure at the tills will linger for longer.

This increase outstripped headline inflation for February but came in lower than food inflation. Headline inflation was recorded at 7.1% YoY in March, slightly up from 7.0% YoY in February and against market expectations of a move back down 6.9%. In March, milk, eggs & cheese; sugar, sweets & desserts; fruit and vegetables; and the product category ‘other food products’ experienced upward inflationary pressure. The milk, eggs & cheese product group witnessed its annual rate reaching 13.6% from the recent low of 3.7% in April 2022.Bread & cereals, meat, oils & fats, and fish bucked the trend, recording slower growth. The annual increase for bread & cereals was 20.3% in March, down from 20.5% in February.

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