food prices
Higher food prices look set to ease in second quarter
Higher grain prices and a decline in cattle slaughtering activity over the past few months have started to transmit into the prices of products consumers pay when doing their grocery shopping. In the fourth quarter of 2020, SA’s food price inflation was on an upwards trajectory, with the December[...]
Global food prices up 21% in September
According to a report from the Food and Agriculture Organization of the United Nations (FAO), the benchmark price index for food commodities rose in September, led by vegetable oils and cereals. The index averaged 97,9 points during the month, up 2,1% from August and 5,0% higher than its value in September[...]