Food inflation likely to go down in 2017, but meat prices remain high

Agricultural economist, Wandile Sihlobo, says it seems like 2017 will be a better agricultural year compared to last year.

He says summer season rains have a had a good impact on crops, and food inflation is likely to go down from April going on to the third quarter of this year.

The only areas we are still seeing some persistent dryness, is the western side of Free State and North West.

Wandile Sihlobo, agricultural economist

Everything else within the food inflation basket is going to go down, but meat prices are likely to remain at higher levels, and we could see that figure going up.

Wandile Sihlobo, agricultural economist

In the third quarter, you could see food inflation coming to a single digit. In our view it will be between 7-9%.

Wandile Sihlobo, agricultural economist

Listen to the audio below for more information...


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