The Bureau for Food and Agricultural Policy (BFAP) has, in its latest 'Food Inflation Brief', highlighted that South Africa’s food and non-alcoholic beverage (NAB) inflation – hereafter to be referred to simply as food inflation – continued to decelerate in July. However, it also remained far above the rate of consumer price index (CPI) headline inflation. Year-on-year (y-o-y), food inflation in July was 9.9%, which was 1.1 percentage points below June’s y-o-y figure of 11%. However, the CPI ...
