South Africa’s Bureau for Food and Agricultural Policy (BFAP) reported that the nation’s food and non-alcoholic beverage inflation (hereafter to be referred to simply as ‘food inflation’), in year-on-year terms, decreased in April in comparison to the figure for March, but only by a marginal amount. Y-o-y inflation in April was 13.9%, which was only 0.1% lower than the y-o-y inflation recorded in March. In month-on-month (m-o-m) terms, food inflation rose 0.6% in April.
The food categories with the highest y-o-y food inflation in April were vegetables (23.1%), bread and cereals (20.8%), dairy and eggs (14.5%), fish (11.9%), sugar and sugar-rich foods (10.7%). Fruit saw a deflation of 2.8%.
Source: engineeringnews.co.za