by Wandile Sihlobo | Mar 22, 2023 | Food Security
South Africa’s consumer food price inflation accelerated mildly to 14% y/y in February 2023 from 13,8% in the previous month. The food product prices that increased notably were meat; milk, eggs and cheese; vegetable; and sugar, sweets and desserts.
by Wandile Sihlobo | Feb 15, 2023 | Food Security
While in some regions of the world, consumer food price inflation has started to cool off; South Africa sees the opposite. The data released this morning by Statistics South Africa shows that consumer food price inflation accelerated to 13,8% y/y in January 2023 from 12,7% in the previous month.
by Wandile Sihlobo | Nov 6, 2022 | Food Security
One of the measures that some often use to evaluate the food security condition of each country relative to the world is The Economist’s Global Food Security Index. This latest Index ranks South Africa at 59 out of 113 countries, an improvement from the 70th position in 2021. This places South Africa as the most food secure in the African continent.
by Wandile Sihlobo | Oct 19, 2022 | Food Security
South Africa’s consumer food price inflation accelerated further to 12,3% y/y in September 2022 from 11,5% y/y in the previous month. The products behind this monthly increase were mainly “bread and cereals”, “meat”, “milk, eggs and cheese”, and “vegetables”.
by Wandile Sihlobo | Aug 24, 2022 | Food Security
In July 2022, South Africa’s consumer food price inflation accelerated by 10,1% y/y, from 9,0% y/y in the previous month. This is the fastest pace since January 2017, which was a drought period in agriculture where costs were driven by higher agricultural commodity prices.
by Wandile Sihlobo | Jun 27, 2022 | Food Security
We are in a period of elevated prices, and food is at the core of these increases. For example, in May 2022, South Africa’s consumer food price inflation accelerated to 7,8% y/y, from 6,3% in the previous month. This is the quickest pace since March 2017.
by Wandile Sihlobo | May 26, 2022 | Food Security
Since the Russia-Ukraine war began four months ago, food security has dominated global media headlines. While prices of food products are rising globally, not all countries are negatively affected the same way.
by Wandile Sihlobo | May 21, 2022 | Food Security
The data released by Statistics South Africa this past week showed that the country’s consumer food price inflation decelerated to 6,3% y/y in April 2022 from 6,6% y/y in the previous month. This is on the back of relatively softer price increases in meat; milk, eggs and cheese; and vegetables.