High food prices are here to stay for quite a while

Ina Opperman, The Citizen, 22 August 2022

High food prices are expected to stick around for some time as demand remains high and supply constrained into next year and even worsen in 2023 and beyond as unpredictable weather patterns add to supply uncertainty alongside the possibility of continued disruption to production in Ukraine. Read More

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Consumer finances crumble under pressure of rising prices and interest

Ina Opperman, The Citizen, 4 August 2022

Consumer finances unsurprisingly crumbled under the pressure of rising prices and interest rates in the second quarter of 2022, with every subcomponent of the Momentum-Unisa Consumer Financial Vulnerability Index deteriorating, including income, expenditure, savings and paying off debt. Read More

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Latest food basket prices provide little good news for the poor, hungry

Ina Opperman, The Citizen, 30 July 2022

The food basket results for July doesn’t bode well for the country’s poor and hungry, with the basket costing R611.44 more than in July last year and R60.06 more than in June this year. Read More

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Food prices increased by 1.3% in July — households underspend on nutrition

Alex Patrick, Sowetan Live, 29 July 2022

A trip to the shops will cost 1.3% more than it did in June. Read More

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Biggest interest rate hike since 2002 to drain South Africans’ pockets

The Citizen, 21 July 2022

South Africans will feel even more pain in their pockets after the repo rate was increased by 75 basis points on Thursday, a day after it was announced that inflation is at its highest since 2009. Read More

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South African consumers to feel the pinch as inflation soars

Naledi Ngcobo, SABC News, 20 July 2022

Consumers are set to come under higher price pressures as inflation continues to exceed its highest levels in thirteen years. Read More

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