Article
SA food and non-alcoholic beverages inflation unchanged in November 2018
Published: 12/12/2018
South Africa’s food and non-alcoholic beverages inflation has bottomed out and will begin an upward cycle in the coming months supported by an increase in agricultural commodities prices. But the headline number will probably increase marginally as we expect the uptick in cattle and sheep slaughtering activity to contain meat prices at fairly lower levels in the near term, and that in turn, will influence the overall increase.
South Africa’s food and non-alcoholic beverages inflation has bottomed out and will begin an upward cycle in the coming months supported by an increase in agricultural commodities prices. But the headline number will probably increase marginally as we expect the uptick in cattle and sheep slaughtering activity to contain meat prices at fairly lower levels in the near term, and that in turn, will influence the overall increase.