Tag: bread

Food prices edge higher despite overall inflation cooling to 4.4%

Sep 18, 2024

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by

Anne Taylor

in Economy

Inflation for food and beverages edged higher in August, breaking an eight-month downtrend, according to data released by Statistics SA on Wednesday. Consumer inflation slowed overall to 4.4%. This is the lowest it has been since April 2021. Annual food and non-alcoholic beverages inflation accelerated to 4.7% in August, up from 4.5% in July. The…