Cost of food in South Africa increased 3.90 percent in August of 2020 over the same month in the previous year.

Food Inflation in South Africa averaged 6.10 percent from 2009 until 2020, reaching an all time high of 15.60 percent in February of 2009 and a record low of 0.60 percent in June of 2010. This page provides the latest reported value for - South Africa Food Inflation - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. South Africa Food Inflation - values, historical data and charts - was last updated on October of 2020. source: Statistics South Africa

Food Inflation in South Africa is expected to be 4.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Food Inflation in South Africa to stand at 4.20 in 12 months time. In the long-term, the South Africa Food Inflation is projected to trend around 4.00 percent in 2021 and 3.70 percent in 2022, according to our econometric models.

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South Africa Food Inflation

Actual Previous Highest Lowest Dates Unit Frequency
3.90 4.30 15.60 0.60 2009 - 2020 percent Monthly
2012M12=100; NSA

South Africa Prices Last Previous Highest Lowest Unit
Inflation Rate 3.10 3.20 20.70 0.20 percent [+]
Inflation Rate Mom 0.20 1.30 6.70 -0.70 percent [+]
Consumer Price Index CPI 116.60 116.40 116.60 1.20 points [+]
Core Consumer Prices 116.00 115.80 116.00 63.30 points [+]
Core Inflation Rate 3.30 3.20 8.30 2.90 percent [+]
Producer Prices 116.80 116.00 219.40 4.10 points [+]
Producer Prices Change 2.40 1.90 8.80 0.40 percent [+]
Export Prices 180.10 175.60 180.10 0.60 points [+]
Import Prices 153.50 154.40 156.60 1.20 points [+]
Food Inflation 3.90 4.30 15.60 0.60 percent [+]
Inflation Expectations 4.22 4.54 8.72 3.90 Percent [+]
CPI Housing Utilities 117.70 117.60 117.70 56.80 points [+]
CPI Transportation 115.10 114.60 116.90 81.70 points [+]