Tuesday 20 November 2018
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iol - 3 month ago

Food price inflation: Get ready to pay R3000 for the 29 cheapest items

Cape Town - Food prices are rocketing due to the drought and the falling rand, and by next year the average South African family of four can expect to pay about R3000 for 29 of the cheapest food items. That’s according to independent research group the Bureau for Food and Agricultural Policy (BFAP), which released its baseline 2018-2027 data. The impact of policy uncertainty around land reform and the drought were the central focus of this year’s report. Economic Opportunities MEC Alan Winde said rising oil

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