The country will reap the fruits of its favourable agricultural season
Regardless of the instability of world production, there are strong reasons to feel optimistic about grocery prices
The inflation rate fell for a third consecutive month, as petrol price cuts provided some welcome relief
With food and petrol prices rocketing, impoverished people sacrifice nutritious food for starches that keep them full, leaving children malnourished and adults prone to disease
The appreciation of the rand, low food inflation and stable interest rates have been positive for consumer confidence.
High turnover makes the food shops in central Johannesburg survive.
The Reserve Bank has decided to keep interest rates on hold in the face of a deteriorating global growth outlook and load-shedding.
The consumer price index for urban areas in Rwanda has risen by almost 3% due and this has been attributed partly to higher food prices.
Zambia’s inflation has slowed to its lowest rate in at least 10 years, mainly due to a bumper maize crop that led to low prices of the staple.
Food prices, which increased by just 1% last year, have increased by a whopping 10.6% so far this year.
The South African Reserve Bank remains concerned about the effects of rising oil and food prices on the outlook for inflation, Gill Marcus says.
If the currency weakens it will mean higher prices for food, fuel and other imported products.
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/ 10 January 2011
Global food prices have reached an all-time high and food inflation is on the rise. Will South Africa also be affected?
China’s government announced food subsidies for poor families on Wednesday as it tries to cool a double-digit surge in prices that communist leaders worry might stir unrest. The Cabinet promised to ease shortages of vegetables and grain that helped push up food prices by more than 10% in October. It promised more supplies of diesel […]
The cost of meat, sugar, rice, wheat and maize soars as the World Bank predicts five years of price volatility.
SA’s economic confidence rose in September, largely due to expected easing in interest rates and inflation in 2009, a survey showed on Thursday.
The July year-on-year increase in the consumer price index for food is 17,8% — the highest rate since January 2003, an agriculture body says.
Nigerian consumer prices rose 14% in July compared with a year earlier on the back of rising food prices, data showed on Thursday.
Cabinet on Thursday highlighted strategies it says are necessary to deal with rising food prices and reduce the country’s reliance on food imports.
Cries from Cosatu to zero-rate more food products, as well as the proposal of a national food control agency, has generated misinformed debate.
A march by Cosatu to Parliament on Wednesday will demand that the government places an immediate freeze on food prices.
Cosatu is determined to take strike action against food and fuel prices, writes Matuma Letsoalo
South Africa’s targeted CPIX inflation is seen accelerating to a new five-and-a-half-year in May on persistently high food and fuel prices.