Those foods which recorded inflation of between 6% and 10% over the same period were (again in BFAP’s order) spinach, pasta, bacon and ham, cake flour, beef mince, white and brown sugar, frozen fish fingers, flavoured yogurt, fresh low-fat milk, polony, and frozen chicken portions. The price of BFAP’s Thrifty Healthy Food Basket (THFB) increased by 0.9% in month-on-month, and 4.6% in year-on-year, terms. In money, the month-on-month increase was R26, while the year-on-year increase was R132. Assuming a family of two adults and two children, receiving two minimum wages and benefitting from child grants and school feeding schemes, buying the THFB would consume 30.3% of that family’s income. The price increases have been driven in part by international factors and in part by local factors. International factors have been the main impellers of inflation for bread and cereals and dairy and cheese. Vegetable price increases have been largely driven by local factors such as excessive rainfall in December and January. Dairy and cheese prices were expected to stay high, but vegetable prices were anticipated to fall, over the coming months.
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