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TimesLive reports that South Africans are paying nearly 9% more for food compared with a year ago.
This is according to the latest Household Affordability Index compiled by the Pietermaritzburg Economic Justice & Dignity Group that was released on Monday. The index shows the average cost of the household food basket was R4,355.70 for February. A year ago the same basket cost R4,001.17. According to the index, the cost has increased by 8.9% (R354.52). However, on a month-to-month basis the cost of the basket dropped by R45.33 from R4,401.02 in January 2022 to R4,355.70 in February 2022. The February 2022 Household Affordability Index tracked food price data in Johannesburg, Durban, Cape Town, Pietermaritzburg and Springbok in the Northern Cape. “Food prices are tracked directly by women data collectors off the shelves of 44 supermarkets and 30 butcheries that target the low-income market, and which women identified as those at which they shop in the areas where they live,” explained programme co-ordinator Mervyn Abrahams.
- Read the full original of the report in the above regard by Suthentira Govender at BusinessLive
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