insert_link Business / Economics DA Optimistic as S.A. Food Inflation Hits 14-Year Low In S.A, the DA says it is optimistic after the latest Consumer Price Index statistics, which highlight a significant drop in food inflation to a 14-year low. Annual inflation for food and non-alcoholic beverages retreated sharply to 2.3-percent in November from 3.6-percent the previous month, the lowest rate for the category since December 2010, when it stood at 1.6-percent. The DA’s, Wendy Alexander, says they reiterate their call for the […] todayDecember 13, 2024 19
insert_link Business / Economics FNB Namibia expects inflation to reach 4.7% in September FNB Namibia expects headline inflation to increase to 4.7% year-on-year in September from 4.4% in August, mainly driven by rising food and non-alcoholic beverage prices because of the ongoing drought, while transport costs continue to decline. Core inflation is expected to slightly decrease from 3.8% in August to 3.7% in September. FNB Namibia economist Helena Mboti, explains. todayOctober 2, 2024 45
insert_link Business / Economics FNB Namibia expects inflation to reach 4.7% in September FNB Namibia expects headline inflation to increase to 4.7% year-on-year in September from 4.4% in August, mainly driven by rising food and non-alcoholic beverage prices because of the ongoing drought, while transport costs continue to decline. Core inflation is expected to slightly decrease from 3.8% in August to 3.7% in September. This small drop suggests that, even though overall inflation might temporarily rise, inflationary pressures in the economy are gradually […] todayOctober 2, 2024 36
insert_link Africa African Development Bank warns of social unrest in Nigeria The African Development Bank, ADB says rising prices of food and petrol could lead to social unrest in the country. todayFebruary 19, 2024 34
insert_link South Africa S.Africa inflation drops for second consecutive month The monthly inflation rate in South Africa eased again in December, dropping 0.4 percentage points to 5.1 percent as food price hikes slowed, official data showed Wednesday. The average inflation rate for 2023 was 6.0 percent, 0.9 percentage points lower in 2022 and matching the upper limit of the central bank's official target range, national statistics agency StatsSA said. "Inflation was relatively hot in the first five months of 2023 […] todayJanuary 24, 2024 23
insert_link Health / Medical FAO reports an increase in the cost of healthy eating since 2020 Worrying news from the UN Food and Agriculture Organisation FAO which warned on Wednesday that eating healthily costs well over 4 percent more than in 2020. The finding is revealed in the FAO’s annual statistical yearbook which also highlights the impact of natural and man-made disasters on agriculture. Daniel Johnson has more. todayNovember 30, 2023 24