All stick and no carrot in shisa nyama: Carrot price surge drives up cost of chakalaka | Business

  • 📰 News24
  • ⏱ Reading Time:
  • 21 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 80%

Ireland News News

Ireland Ireland Latest News,Ireland Ireland Headlines

The cost of 5 kilograms of carrots jumped 23% month-on-month in March, the largest increase of any single ingredient in Bloomberg’s Shisa Nyama Index. | News24_Business

, a spicy relish that includes carrots and complements the meat and starch in a so-called shisa nyama. The surging price of the root vegetable means consumers may have to pare back consumption of the condiment.

There may be more pain in store for consumers: the central bank warned on Thursday that price-growth this year is likely to be faster than it previously expected — it expects food costs to increase almost 10% on average this year. Central bank Governor Lesetja Kganyago cited the impact of inflation on vulnerable, low-income earners as one justification for a bigger-than-expected rate increase on Thursday.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

_Business How many months are in March?

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 4. in İE

Ireland Ireland Latest News, Ireland Ireland Headlines