Food inflation in South Africa continues to accelerate, the Bureau for Food and Agricultural Policy (BFAP) has reported. In its 'Food Inflation Brief' for February, released on Wednesday, it notes that, last month, South African food prices rose 0.9% in month-on-month terms and by 6.4% in year-on-year terms. In January, food inflation had been 5.7%, year-on-year. In February, food inflation had contributed 1.1 percentage points to the consumer price index headline inflation figure of 5.7%. International factors are playing a very significant role in driving food inflation, which is a global phenomenon. These factors include increasing energy prices, disruptions of supply chains, and adverse weather, augmented by the effects of the Russia-Ukraine War. These are reducing supply and increasing input costs, worldwide.
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