DStv Channel 403 Sunday, 17 November 2024

Cost of living crisis | Food basket price drops in February

JOHANNESBURG - The cost of the average food basket dropped by almost R50 in February.

That's according to the Pietermaritzburg Economic Justice & Dignity Group's latest affordability index.

But it warns this does not mean that food inflation is on the decline.

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The group expects prices to increase again next month, especially with increases in fuel prices and toll fees.

"We are hoping this declining trend will continue," said Mervyn Abrahams.

"We've seen the declines happening in all the major cities of South Africa, so we are hoping this will continue."

Food basket price drops in February Part 2
Food basket price drops in February Part 3

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