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FOOD PRICES NEWS ON FASTMOVING

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Fruit, cheese, and especially maize meal are all a lot more expensive

Fruit, cheese, and especially maize meal are all a lot more expensive

24/09/2019 - 13:24
A basket of food tracked by the National Agricultural Marketing Council (NAMC) showed annual inflation of 4.1% in August on average – but some foods grew much more expensive than that. read more
These food prices will rise in coming months, Shoprite warns

These food prices will rise in coming months, Shoprite warns

06/03/2019 - 11:36
Amid all the other pressures in the economy, food inflation has been the one relatively happy place the past year. read more
Food prices dip in October

Food prices dip in October

05/11/2018 - 13:37
International food commodity prices dipped in October, as falling dairy, meat and vegetable oils prices more than offset a surge in sugar prices, according to the United Nations. read more
Food crisis is much bigger than simply tinkering with zero-rating VAT

Food crisis is much bigger than simply tinkering with zero-rating VAT

13/08/2018 - 13:54
The government should stop tinkering with zero-rating of the VAT system and rather focus its efforts on regulating food prices and increasing wages and social grants, according to Pietermaritzburg Economic Justice and Dignity Group founder Julie Smith.  read more
SA on track for moderate food-price inflation, say analysts

SA on track for moderate food-price inflation, say analysts

10/05/2018 - 14:46
Early indications are that agriculture exports will be strong. read more
Food prices slump but are still more than 2% higher than a year ago

Food prices slump but are still more than 2% higher than a year ago

02/11/2017 - 14:50
World food prices fell slightly in October from the previous month, as valuations dropped for all food commodities apart from cereals, the UN food agency said on Thursday. read more
Falling global cereal prices is good news for SA food inflation

Falling global cereal prices is good news for SA food inflation

13/10/2016 - 11:02
GLOBAL food prices increased slightly in September, but prices for cereals — which SA imports — continued to fall, which should relieve some of the import cost pressures for SA and help damp the increases in food prices. read more
August grocery prices fall in record low

August grocery prices fall in record low

05/09/2016 - 10:43
A new report has revealed that the overall grocery prices dropped by two per cent in August, compared to the 1.6 per cent decline in July. read more
Global food prices increase most in 4 years

Global food prices increase most in 4 years

12/07/2016 - 14:46
Cape Town - In June global food prices have shown the largest monthly increase the past four years, according to the latest Food Price Index (FFPI) by the Food and Agriculture Organisation of the United Nations (FAO). read more
Shoprite warns food price doomsayers

Shoprite warns food price doomsayers

25/04/2016 - 10:36
Cape Town - Shoprite CEO Whitey Basson on Monday cautioned against those pushing unnecessary price increases “fuelled by the frenzy emanating from recent reports about spiralling costs”. read more
Food inflation in shock rise to 8.7%

Food inflation in shock rise to 8.7%

04/02/2016 - 10:07
Johannesburg - Food prices in South Africa rose by an average of 8.7 percent between December 2014 and December 2015, and neighbouring Lesotho yesterday declared a national emergency as the drought continued to hit farming communities across the southern African region. read more
Namibia's inflation accelerated to 4,9% in December

Namibia's inflation accelerated to 4,9% in December

20/01/2014 - 12:03
Annual inflation accelerated to 4,9% in December from 4,4% in November, figures released by Namibia Statistics Agency revealed yesterday. read more
China’s consumer inflation rises

China’s consumer inflation rises

21/10/2013 - 10:58
hina's consumer price index (CPI), a key measure of inflation, climbed to 3.1 percent year-on-year in September, the government has said.  read more
Global food prices to stop dropping

Global food prices to stop dropping

07/10/2013 - 08:31
Rome - Global food prices are not expected to fall much further after their fifth consecutive monthly decline in September, the United Nations food agency said on Thursday, trimming its estimate for 2013/14 world cereals production. read more
Nigeria inflation hits new five-year low

Nigeria inflation hits new five-year low

20/09/2013 - 09:07
Abuja - Nigeria's year-on-year consumer inflation fell to 8.2% in August, lower than July's 8.7% figure, the statistics bureau said on Tuesday, and touching a new 5-year low. read more
Namibian consumers brace for possible increases

Namibian consumers brace for possible increases

05/07/2013 - 08:19
Windhoek - There is a likelihood that the retail prices for maize meal and mahangu flour could increase, because of low grain stock levels as a result of poor harvests this year. read more
No food price fireworks ahead - economists

No food price fireworks ahead - economists

11/02/2013 - 09:11
Johannesburg - There won’t be food price fireworks this year, but the cost of locally produced fresh produce like fruit and vegetables could potentially soar because of increased labour wages, proposed electricity hikes and surging fuel prices.  read more
World food price index up

World food price index up

05/10/2012 - 07:56
World food prices rose slightly last month‚ following some stability in the preceding two months‚ according to the latest United Nations Food and Agriculture Organisation (FAO) report.  read more
Ban on modified maize ‘hikes food prices’

Ban on modified maize ‘hikes food prices’

30/08/2012 - 08:54
The Department of Agriculture, Forestry and Fisheries on Wednesday criticised the Animal Feeds Manufacturers’ Association for fuelling fears that food prices would soar unless the government allowed imports of cheaper, genetically modified maize. read more
Ugly mutant virus threatens SA wheat

Ugly mutant virus threatens SA wheat

23/08/2012 - 09:56
With drought in the US, Europe and Africa threatening to send maize prices soaring, another threat to food prices has reached SA — Ug99, a variant of stem rust that could reduce wheat production levels. read more
Inflation dips further

Inflation dips further

23/08/2012 - 09:38
Johannesburg - Consumer price inflation (CPI) eased further to 4.9% in July, Statistics South Africa said on Wednesday.  read more
G20 weighs emergency meeting over food prices

G20 weighs emergency meeting over food prices

14/08/2012 - 07:59
Paris/London - Leading members of the Group of 20 nations are prepared to trigger an emergency meeting to tackle soaring grain prices caused by the worst US drought in more than half a century and poor crops from the Black Sea bread basket. read more
Companies reject food price warning

Companies reject food price warning

06/08/2012 - 08:41
Johannesburg - American seed company DuPont Pioneer and South Africa's Pannar Seed on Friday rejected an economist's view that their proposed merger would increase seed prices in South Africa.  read more
Higher food prices to hit consumers

Higher food prices to hit consumers

06/08/2012 - 08:29
Johannesburg - Droughts, mergers and input costs are expected to push up food prices in the coming months, economist Mike Schussler said on Friday.  read more
US in costliest drought since 1988

US in costliest drought since 1988

27/07/2012 - 07:43
Cape Town - The drought engulfing the central US is likely to cost $12bn, making it the costliest since 1988, experts say. read more
SA ranked 40th on food security index

SA ranked 40th on food security index

25/07/2012 - 09:45
Johannesburg - South Africa has ranked 40th out of 105 countries in a global food security index which has the US in the top spot and the Democratic Republic of Congo at the bottom. read more
Global inflation mostly within target ranges

Global inflation mostly within target ranges

24/07/2012 - 08:31
Most inflation targeting countries, including South Africa, have experienced “fairly benign outcomes” in recent months. The Reserve Bank’s annual economic report, released yesterday, attributed the trend largely to “moderation in international food and commodity prices”. read more
Food price hikes on the horizon

Food price hikes on the horizon

20/07/2012 - 09:07
Cape Town - Food prices could rise sharply as maize and soya bean prices hit record highs in the US on Thursday, the Financial Times reported.  read more
Consumer inflation forecast at six percent in May

Consumer inflation forecast at six percent in May

18/06/2012 - 08:51
The consumer price index (CPI) is expected to have registered six percent year on year in May from 6,1% in April, according to a survey of leading economists. read more
Food prices fall but inflation a worry

Food prices fall but inflation a worry

04/05/2012 - 07:39
Milan/London - World food prices eased in April after rising in the first quarter of this year, the United Nation’s food agency said, but inflation worries are still simmering as soybean prices climb. read more
Lower commodities help ease SA prices

Lower commodities help ease SA prices

30/04/2012 - 08:13
Johannesburg - South Africa’s producer inflation, which represents domestic output, slowed to 7.2% year-on-year (y/y) in March from 8.3% in February, Statistics South Africa said on Thursday. read more
World Bank: Food prices on the rise again

World Bank: Food prices on the rise again

26/04/2012 - 08:31
Washington - Global food prices are rising again, pushed higher by costlier oil, strong demand from Asia and bad weather in parts of Europe, South America and the United States, the World Bank said on Wednesday. read more
March Producer Pride Index seen at 7.9%

March Producer Pride Index seen at 7.9%

23/04/2012 - 14:29
SA's producer price index is expected to clock in at 7.9% year on year in March from 8.3% in February read more
World food prices keep on rising - UN

World food prices keep on rising - UN

10/04/2012 - 08:36
Milan - Global food prices rose in March for a third successive month, driven by gains in grains and vegetable oils, the United Nations’ Food and Agriculture Organisation said on Thursday, putting food inflation firmly back on the economic agenda. read more
April petrol price rise a negative for CPI

April petrol price rise a negative for CPI

28/03/2012 - 09:15
The petrol price could rise by as much as 60 cents a litre in April, leading to a negative impact on month-on-month changes in CPI inflation, Absa Capital economist Jeff Schultz says. read more
US forecasts easing in food prices

US forecasts easing in food prices

24/02/2012 - 09:48
Arlington - Global crop prices will retreat sharply this year as farmers around the world expand production, bringing stability back to commodity markets and easing food inflation fears, the US government forecast on Thursday. read more
Weaker economy dampens food prices

Weaker economy dampens food prices

01/02/2012 - 07:37
Washington - Global food prices are set to decline further in 2012 as a weaker world economy dampens consumer demand while food supplies rise, the World Bank said on Tuesday, warning that a possible rise in oil prices could reverse the trend. read more
SA's repo rate seen steady at 5.5%

SA's repo rate seen steady at 5.5%

16/01/2012 - 07:50
Johannesburg - All 25 economist polled by Reuters expected the South African Reserve Bank’s Monetary Policy Committee to keep its repo rate unchanged at 5.5% next Thursday.  read more
Food price index ends year with sharp drop

Food price index ends year with sharp drop

13/01/2012 - 09:40
Food prices fell in December 2011 with the food price index dropping 2.4%, according to the UN Food Agricultural Organisation's monthly report. read more
Trolley costs continue to speed ahead

Trolley costs continue to speed ahead

19/12/2011 - 08:36
Food prices continue to soar ahead of Christmas, and there is no stopping the trend. read more
UN: Food prices stabilising at high levels

UN: Food prices stabilising at high levels

09/12/2011 - 08:19
Milan - Global food prices have been stabilising at high levels and there is still risk that prices can rise, a senior economist at the United Nations food agency said on Thursday after the UN’s food prices index showed a new monthly decline in November. read more
World Bank urges G20 to tackle food prices

World Bank urges G20 to tackle food prices

02/11/2011 - 10:02
Washington - The head of the World Bank on Tuesday called on Group of 20 leaders at an upcoming meeting to find ways to deal with increased global food price volatility that is hurting poorer countries.  read more
Inflation subdued on food price drop

Inflation subdued on food price drop

19/05/2011 - 07:58
INFLATION rose more slowly than expected last month, subdued by a surprise fall in food prices and fanning hope that price pressures may not build as fast as feared this year. read more
Food Makers Get Exchange Kick

Food Makers Get Exchange Kick

06/05/2011 - 08:57
Things were looking sour for U.S. food companies this year as commodity costs rose, retailers pushed back on price increases and consumers remained reluctant to spend. Now, food makers are expecting to get a bit of an earnings or revenue boost from favorable foreign exchange rates. read more
Bread price hike to hit poor

Bread price hike to hit poor

12/08/2010 - 00:00
The Federation of Unions of SA (Fedusa) is concerned about how the looming price hike of bread and wheaten flour will affect the country's poor. read more