SA records price volatility

Avocados, oranges, tomatoes, chicken portions and cooking oil are some of the food items that have seen volatile price increases over the last two years as a result of global inflationary pressures as well as local disruptions and extreme weather events, says the Competition Commission in its latest Essential Food Pricing Monitoring report.

The report tracked food price data up until January 2022, before Russia launched its attack on Ukraine.

“South Africa suffered unrest and riots in July 2021, with disruptions to supply chains, product shortages and impacts on pricing of certain goods. — Moneyweb.

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