Last month, South African food and non-alcoholic beverages (NAB) price inflation rose 6.3% year-on-year (April 2020-April 2021), the Bureau for Food and Agricultural Policy (BFAP) has reported in its “Food Inflation Brief – April 2020”, published this week. In month-on-month (March 2021-April 2021) terms the increase was 0.9%. This, however, was far below the record inflation of 11.8% recorded in October 2016, during the country’s 2015-2016 drought. Food and NAB were the source for 1.1 percentage points of the annual consumer price index (CPI) headline inflation of 4.4%. Food and NAB inflation was the second biggest impetus to overall CPI, after transport, which contributed 1.5 percentage points. (‘Housing & utilities’ came third, adding 0.6 percentage points).
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