Cost of food in South Africa increased 3.90 percent in December of 2019 over the same month in the previous year. South Africa Food Inflation - data, historical chart, and calendar of releases - was last updated on February of 2020 from its official source.
Food Inflation in South Africa averaged 6.21 percent from 2009 until 2019, 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. source: Statistics South Africa
Food Inflation in South Africa is expected to be 3.00 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 4.00 in 12 months time. In the long-term, the South Africa Food Inflation is projected to trend around 4.30 percent in 2021, according to our econometric models.