News Formal

Fuel is cheaper, SA crops are in good shape – why is food so pricey? | Business

  • 📰 News24
  • ⏱ Reading Time:
  • 28 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 80%

Sverige Nyheter Nyheter

Sverige Senaste nytt,Sverige Rubriker

The past year has seen alarming food price hikes, and while some of the reasons behind the price shocks have subsided, some foodstuffs may remain expensive. | HelenaWasserman News24_Business

The past year has seen alarming food price hikes, and while some of the reasons behind the price shocks have subsided, some foodstuffs may remain expensive.

The latest inflation data, released on Wednesday, showed that prices of food and non-alcoholic beverages were 12.4% higher than a year ago. This is only slightly down from 12.5% in November. Bread and cereal prices rose by more than 20% in the year to December, while oils and fats were also much more expensive. Vegetables increased by 12%.Get 14 days free to read all our investigative and in-depth journalism. Thereafter you will be billed R75 per month. You can cancel anytime and if you cancel within 14 days you won't be billed.

 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.
Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 4. in SE

Sverige Senaste nytt, Sverige Rubriker

Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.

Social media booms as recession looms: TikTok leads in business-to-business marketingOPINION | Social media booms as recession looms: TikTok leads in business-to-business marketing - Meltwater’s Global State of Social Media 2023 report finds it is the main tool used for increasing brand awareness
Källa: mailandguardian - 🏆 2. / 92 Läs mer »