There’s something fishy about rising food prices

(Also read "They’re not hiking prices, but making them smaller. Enter 'shrinkflation'...")

Farmers get R4 for a litre of milk. Why is there such a huge gap?

Viccy Baker, Retail Price Watch

The Money Show’s Bruce Whitfield interviewed Retail Price Watch founder Viccy Baker.

Baker took a closer look at increasing food prices.

For more detail listen to the interview in the audio below (and/or scroll down for more quotes from it).

Rhodes Food Group reported incredible profits!

Viccy Baker, Retail Price Watch

The price of 410g cans of Rhodes peas and marmalade rose by more than 40%.

Viccy Baker, Retail Price Watch

Why should the price of canned pineapples rise by 18.4% when food inflation is at 11.4%? Pineapples are drought resistant!

Viccy Baker, Retail Price Watch

There is no transparency in the value chain.

Viccy Baker, Retail Price Watch

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Article brought to us by Old Mutual.


This article first appeared on CapeTalk : There’s something fishy about rising food prices


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