SA’s food inflation remains high, says latest EFPM report
The latest Essential Food Pricing Monitoring (EFPM) report from the Competition Commission reveals that while inflation has decreased, food inflation in South Africa remains nearly twice as high as the inflation rate for all goods and services. The report highlights a phenomenon known as the ‘rocket and feather’ effect, where retail prices rise quickly after wholesale costs increase but fall … Continue reading SA’s food inflation remains high, says latest EFPM report
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