{"id":720438,"date":"2023-09-24T09:30:00","date_gmt":"2023-09-24T07:30:00","guid":{"rendered":"https:\/\/businesstech.co.za\/news\/?p=720438"},"modified":"2023-09-23T12:13:21","modified_gmt":"2023-09-23T10:13:21","slug":"how-much-more-it-costs-to-have-a-heritage-day-braai-in-south-africa","status":"publish","type":"post","link":"https:\/\/businesstech.co.za\/news\/lifestyle\/720438\/how-much-more-it-costs-to-have-a-heritage-day-braai-in-south-africa\/","title":{"rendered":"How much more it costs to have a Heritage Day braai in South Africa"},"content":{"rendered":"\n

While the price of goods is expected to be more expensive compared to six years ago, the prices for a braai day have outstripped inflation considerably over the period, with a Heritage Day braai now costing 38% compared to 2017.<\/p>\n\n\n\n

South Africa\u2019s inflation jumped marginally higher in August (4.8%), following four months of consecutive declines.<\/p>\n\n\n\n

Despite this, annual food and non-alcoholic beverages (NAB) inflation dropped from 9.9% in July to 8.0%. Besides fruit, all food and NAB categories recorded lower annual rates in August.<\/p>\n\n\n\n

General meat inflation also declined from 5.1% in July to 3.6% in August, and, besides chicken giblets and beef extract, the prices for most beef and chicken products dropped. The price index for meat was also 0.7% lower in August compared to July.<\/p>\n\n\n\n

Additionally, the annual inflation for alcoholic beverages declined from 7.8% in July to 6.9% in August. Beer prices and wine prices subsided by 0.8% and 0.3% from July to August, respectively.<\/p>\n\n\n\n

Despite these encouraging signs, when the prices of these goods are compared over a longer period of time, it shows food goods have outstripped headline inflation by a notable margin.<\/p>\n\n\n\n

How much more you’re paying<\/strong><\/p>\n\n\n\n

Considering Heritage Day next week, The Outlier<\/a> compared the prices of a braai basket for 10 people consisting of eight items to illustrate how much more expensive a braai costs in South Africa.<\/p>\n\n\n\n

The basket included:<\/p>\n\n\n\n