Food price inflation

Tomorrow August's inflation rate will be announced and economists expect it to come in slightly higher than in July, at 4.8% or 4.9%. The drivers are the weak rand, increases in the price of fuel, Eskom's tariff increases and high stages of load shedding which increase operating costs. One of the major concerns remains food prices. This episode is supported by the NWU Business School. Errors and omissions are my own.