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First signs SA's red-hot food inflation is cooling - but load shedding could keep prices 'sticky' | Business

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SA's food inflation may be cooling, but cash-strapped consumers may still have to deal with somewhat sticky prices as retailers continue to battle with load shedding, according to the latest research by the Bureau for Food and Agricultural Policy.

SA's food inflation may be cooling, but cash-strapped consumers may still have to deal with somewhat sticky prices as retailers continue to battle with load shedding, according to the latest research by the Bureau for Food and Agricultural Policy .

Even with inflation remaining at double digits, BFAP believes SA is seeing the first signs of a"solid turnaround" in its inflation picture. The research group said in its"Food Inflation Brief" on Monday that apart from the EU, with a food inflation rate of 15% year-on-year, SA's 11.8% recorded in May was higher than any of the countries selected for comparison.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.

 

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