SA inflation decreases to 2.8% – a 4-year annual low. Now, grocery retailers #CheckersSA #PicknPay could we please see some reduction in product prices. With feta as my barometer, prices have increased too exponentially
https://www.dailymaverick.co.za/article/2024-11-20-sa-inflation-slows-rate-cut-likely/?utm_source=Sailthru&utm_medium=email&utm_campaign=business_maverick
https://www.dailymaverick.co.za/article/2024-11-20-sa-inflation-slows-rate-cut-likely/?utm_source=Sailthru&utm_medium=email&utm_campaign=business_maverick
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Eggs 35.1%
Instant coffee 27.8%
Black tea 26.2%
Oranges 23.4%
Peanut butter 17.5%
Rice 16.9%
Dried beans 15.0%
Apples 15.0%
Tomatoes 14.8%
Potatoes 8.6%
Margarine 8.2%
What is the reason?
https://www.namc.co.za/wp-content/uploads/2024/09/Food-Basket-Price-Monthly-Report-September-2024.pdf