Thabile Nkunjana | Why veg and fruit prices have rocketed - and may stay high | Business

  • 📰 News24
  • ⏱ Reading Time:
  • 29 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 80%

United Kingdom News News

United Kingdom United Kingdom Latest News,United Kingdom United Kingdom Headlines

OPINION | High prices for some fruits and vegetable products might persist for a while, warns Thabile Nkunjana.

Food inflation in South Africa rose from 12.4% reported in December 2022 to 13.8% reported in January 2023, the fastest rate of growth in nearly 14 years - driven by oils and fats, bread and cereals and processed foods.In January 2023, prices for fruits climbed by 5.6% on a monthly basis, with apples and bananas leading the way, while prices for vegetables increased by 4.2%, with onions leading the way to a greater extent, followed by potatoes and cabbage.

The country has been fortunate to receive good rainfall, which may have assisted crops in some areas in maintaining the appropriate moisture. Electricity interruptions, however, have decreased crop yields in places that are normally warmer and have been facing drought as irrigation remained inadequate.

Lemon harvesting has been significantly delayed in Letsitele, Hoedspruit, and Onderberg due to heavy rainfall in Mpumalanga. Landslides were also reported in several locations, with Schoemanskloof and parts of Nelspruit reporting significant flooding.

 

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

Once up - they never go down

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 UK

United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Global stocks fall as dollar hits six-week highThursday's jobs data revived expectations the US central bank would stick to its monetary tightening path.
Source: BDliveSA - 🏆 12. / 63 Read more »