The data released this morning by Statistics South Africa shows that the country’s food price inflation accelerated to 4.2% y/y in February 2020, from 3.7% y/y in the previous month. This uptick was mainly underpinned by relative price rises of meat; milk, eggs and...
South Africa’s food price inflation averaged 3.1% y/y in 2019, which is well below market expectations. What many analysts seem to have underestimated was the length of the period that meat prices would remain subdued for, and its influence thereafter on the overall...
South Africa’s food price inflation is relatively contained and I am beginning to think that the 3.6% y/y average we expected for 2019 might be an overestimate. The average for the nine months data we have thus far is about 2.9% y/y, which means to average at 3.6% y/y...
Wandile Sihlobo is chief economist of the Agricultural Business Chamber of South Africa (Agbiz). Sihlobo is a commissioner at the International Trade Administration Commission of South Africa (ITAC).
He is the author of Finding Common Ground: Land, Equity and Agriculture.
Sihlobo is a columnist for Business Day and Farmers Weekly magazine. He also contributes to Fin24 and Daily Maverick.
Sihlobo is a member of the South African Agricultural Economics Association.
He has previously served as an economist at Grain South Africa (Grain SA).
Sihlobo holds a Master of Science degree in Agricultural Economics from Stellenbosch University.
In 2018, Agricultural Writers SA named Sihlobo an Agriculturalist of the Year. In 2019, Sihlobo was on the Mail & Guardian Top 200 Young South Africans.