Prices for milk, eggs and cheese also increased by 2.1% between July and August.
“Products with higher than average monthly increases include cheddar cheese , low fat milk and full cream milk .”Meat inflation, however, eased slightly from 9.4% in July to 9.2% in August. The annual inflation for meat is still above 8% since May 2021. The price of oils and fats also kept rising, reaching another annual high of 37.6% in August, up from 36.2% in July. The monthly rate of 1.1% in August, however, has slowed from its peak of 10.1% in May.The prices of hot beverages increased sharply, reaching their highest annual rate since April 2017. This was largely due to monthly increases in rooibos tea and instant coffee .Household cleaning products are also burning a hole in the pockets of South Africans, increasing by 23.
“Washing powder is 26.2% more expensive than a year ago. Laundry soap will set you back an additional 33.9% compared with August last year, and the price of dishwashing liquid has climbed by 13.6% over the same period.”
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