{"id":707138,"date":"2023-07-27T06:00:00","date_gmt":"2023-07-27T04:00:00","guid":{"rendered":"https:\/\/businesstech.co.za\/news\/?p=707138"},"modified":"2023-07-27T12:37:38","modified_gmt":"2023-07-27T10:37:38","slug":"these-7-groceries-are-cheaper-in-south-africa","status":"publish","type":"post","link":"https:\/\/businesstech.co.za\/news\/lifestyle\/707138\/these-7-groceries-are-cheaper-in-south-africa\/","title":{"rendered":"These 7 groceries are cheaper in South Africa"},"content":{"rendered":"\n<p>The Pietermaritzburg Economic Justice &amp; Dignity Group (PMBEJD)\u2019s latest Household Affordability Index shows food prices in South Africa are climbing ever higher &#8211; although inflation has slowed and is moving towards manageable levels.<\/p>\n\n\n\n<p>For July 2023,&nbsp;<strong>The average cost of the Household Food Basket is R5,081.94.<\/strong>&nbsp;<\/p>\n\n\n\n<p>The average cost of the Household Food Basket increased by R25.48 (0.5%), from R5,056.45; year-on-year, the basket increased by R333.07 (7.0%), from R4,748.87 in July 2022.<\/p>\n\n\n\n<p>This increase outstripped headline inflation for June but came in lower than food inflation. Headline inflation was recorded at 5.4% YoY in June, down from 6.3% YoY in May.<\/p>\n\n\n\n<p>Inflation for food &amp; non-alcoholic beverages slowed in June at 11.0% from April\u2019s print of 11.9%. <\/p>\n\n\n\n<p>Most food and NAB components recorded lower inflation rates in June \u2013 however, some climbed even higher.<\/p>\n\n\n\n<p>Sugar, sweets and desserts climbed from 11.9% in May to 16.4% in June \u2013 the highest reading for the category since June 2017.<\/p>\n\n\n\n<p>Stats SA noted annual increases for brown sugar (up 17.4%), white sugar (up 17.1%) and chocolate slabs (up 16.2%).<\/p>\n\n\n\n<p>According to the latest assessment from the Bureau for Food and Agricultural Policy (BFAP), fresh produce and meat prices in South Africa are easing, tracking a global decline in the same categories.<\/p>\n\n\n\n<figure class=\"wp-block-embed is-type-wp-embed is-provider-businesstech wp-block-embed-businesstech\"><div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"wp-embedded-content\" data-secret=\"EYczWo35Is\"><a href=\"https:\/\/businesstech.co.za\/news\/lifestyle\/706620\/meat-is-back-on-the-menu-in-south-africa\/\">Meat is back on the menu in South Africa<\/a><\/blockquote><iframe loading=\"lazy\" class=\"wp-embedded-content\" sandbox=\"allow-scripts\" security=\"restricted\" style=\"position: absolute; clip: rect(1px, 1px, 1px, 1px);\" title=\"&#8220;Meat is back on the menu in South Africa&#8221; &#8212; BusinessTech\" src=\"https:\/\/businesstech.co.za\/news\/lifestyle\/706620\/meat-is-back-on-the-menu-in-south-africa\/embed\/#?secret=vsen9B50cl#?secret=EYczWo35Is\" data-secret=\"EYczWo35Is\" width=\"500\" height=\"282\" frameborder=\"0\" marginwidth=\"0\" marginheight=\"0\" scrolling=\"no\"><\/iframe>\n<\/div><\/figure>\n\n\n\n<p>However, some price pressure still persists. Despite this, the BFAP said that there are some indications that prices are normalising.<\/p>\n\n\n\n<p>These trends are also broadly reflected in the PMBEJD data.<\/p>\n\n\n\n<p>The PMBEJD basket comprises 44 core food items most frequently purchased by lower-income households, who make up most households in the country.<\/p>\n\n\n\n<p>Of the 44 items in the basket, 37 saw prices increase, while 7 food items came down in price.<\/p>\n\n\n\n<p>Looking at the more extreme end of the spectrum, three items saw increases above 20% year on year. These are:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Onions: +81%<\/li>\n\n\n\n<li>Potatoes: +40%<\/li>\n\n\n\n<li>Butternut: +35%<\/li>\n<\/ul>\n\n\n\n<p>On the other hand, only one food product saw a sizeable price drop &#8211; cooking oil, which came down by 29%. However, having seven items come down in price will be a welcome change from the last year or so where prices were only going up.<\/p>\n\n\n\n<p>The seven items that are now cheaper are:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Cooking oil: -29%<\/li>\n\n\n\n<li>Oranges: -13%<\/li>\n\n\n\n<li>Spinach: -7%<\/li>\n\n\n\n<li>Bananas: -5%<\/li>\n\n\n\n<li>Beef: -5%<\/li>\n\n\n\n<li>Margarine: -2%<\/li>\n\n\n\n<li>Wors: -1%<\/li>\n<\/ul>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full\"><a  data-lightbox=\"post-image\" href=\"https:\/\/businesstech.co.za\/news\/wp-content\/uploads\/2023\/07\/Food-prices-July-2023.jpg\"><img loading=\"lazy\" decoding=\"async\" width=\"705\" height=\"1225\" src=\"https:\/\/businesstech.co.za\/news\/wp-content\/uploads\/2023\/07\/Food-prices-July-2023.jpg\" alt=\"\" class=\"wp-image-707140\" srcset=\"https:\/\/businesstech.co.za\/news\/wp-content\/uploads\/2023\/07\/Food-prices-July-2023.jpg 705w, https:\/\/businesstech.co.za\/news\/wp-content\/uploads\/2023\/07\/Food-prices-July-2023-173x300.jpg 173w, https:\/\/businesstech.co.za\/news\/wp-content\/uploads\/2023\/07\/Food-prices-July-2023-589x1024.jpg 589w\" sizes=\"auto, (max-width: 705px) 100vw, 705px\" \/><\/a><\/figure><\/div>\n\n\n<p>This is how basket prices have changed regionally:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>The Joburg basket increased by R118.57 (2.4%) month-on-month, and increased by R380.02 (8.0%) year-on-year, to R5,151.51 in July 2023.<\/li>\n\n\n\n<li>The Durban basket decreased by R54.27 (-1.1%) month-on-month, and increased by R169.79 (3.5%) year-on-year, to R5,021.67 in July 2023.<\/li>\n\n\n\n<li>The Cape Town basket increased by R70.32 (1.4%) month-on-month, and increased by R406.53 (8.7%) year-on-year, to R5,054.79 in July 2023.<\/li>\n\n\n\n<li>The Springbok basket decreased by R95.97 (-1.8%) month-on-month, and increased by R381.19 (7.7%) year-on-year, to R5,300.32 in July 2023.<\/li>\n\n\n\n<li>The Maritzburg basket decreased by R1,32 (-0.0%) month-on-month, and increased by R379.78 (8.3%) year-on-year, to R4,944.72 in July 2023.<\/li>\n\n\n\n<li>The Mtubatuba basket decreased by R117.46 (-2.2%) month-on-month, and increased by R384.95 (8.0%) year-on-year, to R5,169.28 in July 2023.<\/li>\n<\/ul>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<p><strong>Read: <a href=\"https:\/\/businesstech.co.za\/news\/energy\/707134\/eskom-price-hikes-tear-through-south-african-households\/\">Eskom price hikes tear through South African households<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Food prices in South Africa are still climbing, but data shows that costs are starting to moderate in line with lower inflation.<\/p>\n","protected":false},"author":10,"featured_media":647297,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9876],"tags":[26],"class_list":["post-707138","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-lifestyle","tag-headline"],"_links":{"self":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/707138","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/comments?post=707138"}],"version-history":[{"count":2,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/707138\/revisions"}],"predecessor-version":[{"id":707308,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/707138\/revisions\/707308"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media\/647297"}],"wp:attachment":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media?parent=707138"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/categories?post=707138"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/tags?post=707138"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}