The latest NielsenIQ State of the Nation Report, based on barcode-level information of about 100,000 FMCG products scanned at 10,000 modern trade stores, shows the sector has grown by 13.4%, largely driven by higher prices and not growth in consumption.
The Consumer Goods Council, though, says the commission is looking for collusion in the wrong place, because rolling blackouts, local government and a range of external factors are causing the rising prices of food. The Consumer Goods Council, though, says the commission is looking for collusio.
Food costs continue to bite consumers iol.co.za - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from iol.co.za Daily Mail and Mail on Sunday newspapers.