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South African food inflation continued a downward trend in April

In April, for the second month in a row, year-on-year (y-o-y) South African food and non-alcoholic beverage (NAB) inflation (hereafter to be referred to as food inflation, for short) ran at a rate below that for consumer price index (CPI) headline inflation, the Bureau for Food and Agricultural Policy (BFAP) has reported. April was also the fifth consecutive month which recorded a decline in food inflation. The food inflation rate in April was 4.7%, while that for CPI headline inflation was 5.2%. Food inflation contributed 0.9 percentage points to CPI headline inflation in April. (Y-o-y food inflation in March had been 5.1%.) In month-on-month (m-o-m) terms, food inflation in April was 0.2%, whereas CPI headline inflation was 0.3%. Food inflation contributed zero percentage points to the m-o-m headline figure.

South African food inflation continued to decelerate in January

South African food inflation continued to decelerate in January
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South African food inflation decelerated in December

South African food inflation decelerated in December
engineeringnews.co.za - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from engineeringnews.co.za Daily Mail and Mail on Sunday newspapers.

South African food inflation decelerated in December

South African food inflation decelerated in December
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Grocery budgets: Say goodbye to these foods as they become much more expensive

Grocery budgets: Say goodbye to these foods as they become much more expensive
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.

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