Consumer inflation slows, but BAD news for rice and coffee lovers in South Africa

United States News News

Consumer inflation slows, but BAD news for rice and coffee lovers in South Africa
United States Latest News,United States Headlines
  • 📰 TheSAnews
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 59%

Instant coffee, rice and eggs showed the biggest increase in prices over the last 12 months according to the Stats SA website.

Image: PixabayLower annual rates were recorded for several product groups, most notably food and non-alcoholic beverages , transport, and housing & utilities.The annual rate for food & NAB was 4.5% in July, down from 4.6% in June.

Meat is the most heavily weighed food group in the inflation basket, taking up just over a third of household spending on food.The price index for the category increased sharply by 17.6% in the 12 months to July, up from 16.5% recorded in June. The graphs below show food and beverage products that recorded the most significant annual and monthly price increases in July.Don’t miss Wednesday, 21 August’s riveting episode of South African soapie Skeem Saam on SABC 1 on DStv channel 191.

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:

TheSAnews /  🏆 25. in ZA

United States Latest News, United States Headlines

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

vivo South Africa lights up Miss South Africa 2024: Radiant celebration of SA womenvivo South Africa lights up Miss South Africa 2024: Radiant celebration of SA womenMia le Roux made history as the first hearing-impaired woman to take the title.
Read more »

South Africa: Chidimma Adetshina Withdraws From Miss South Africa PageantSouth Africa: Chidimma Adetshina Withdraws From Miss South Africa Pageant'...After much careful consideration, I have decided to withdraw myself from the competition for the safety and well-being of my family and me.'
Read more »

The two most expensive cities for rent in South AfricaThe two most expensive cities for rent in South AfricaTwo of South Africa’s three capital cities charge the most for rent in South Africa.
Read more »

The biggest consumer complaint in South AfricaThe biggest consumer complaint in South AfricaFrom March 2023 to February 2024, CGSO recovered over R12.13 million for South African consumers.
Read more »

Bad to worse for coffee lovers in South AfricaBad to worse for coffee lovers in South AfricaStats SA’s latest data shows that inflation came in lower than expected in July—but coffee prices are not cooling down.
Read more »

From bad to great for petrol prices in South AfricaFrom bad to great for petrol prices in South AfricaWith another petrol price cut lined up for September, cumulative reductions are finally putting motorists into the black for 2024 – which is great news for inflation.
Read more »



Render Time: 2025-02-24 12:22:21