THE PRICE of 33 out of a basket of 44 basic foods increased by 10.6 percent year-on-year in March, according to the Pietermaritzburg Economic Justice & Dignity Group (PMBEJD), which monitors the prices of foods typically bought by lower income families.
PMBEJD programme co-ordinator Mervyn Abrahams said the most significant increases were for cake flour, cooking oil, eggs, tea, and bread and also included maize meal, rice and white sugar. The average increase is almost double the inflation rate of 5.7 percent.
The March 2022 Household Affordability Index, which tracks food price data from 44 supermarkets and 30 butcheries in lower income areas of Johannesburg, Durban, Cape Town, Pietermaritzburg and Springbok in the Northern Cape, showed that the Johannesburg basket increased by R86.64 (2 percent) from February,…