CPI remains unchanged for May
Food and non-alcoholic beverages were the single biggest driver behind May's price rise, with many items now sharply more expensive than they were this time last year. For millions of households, a flat inflation rate doesn't mean a flat grocery bill. Food inflation has climbed to 4.8%, up from 4% in April, led by rising meat and vegetable costs. A combination of animal diseases, weather swings and input costs have pushed beef prices up, while the vegetable basket has become even more unpredictable, with beetroot, lettuce and carrots seeing double-digit spikes. Cereals, like maize meal and samp, crucial to most South African diets, are also becoming increasingly unaffordable, rising by over 14% and 20% respectively year-on-year.
And while wheat-based staples have largely stabilised, biscuits have bucked that trend, with savoury varieties up more than 12%.
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