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Retailers not cutting food prices fast enough, says Competition Commission.
M4A•Episode home
Manage episode 444054619 series 2915042
Content provided by Kaya 959. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Kaya 959 or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
GUEST – Khali Ranenyeni, Principal Economist at Competition Commission
Competition Commission economists have warned that food prices are still too high for minimum wage households to afford, even in the face of cooling price pressures and lower fuel prices.
The latest edition of the Essential Food Price Monitoring Report by the commission found that the prices of various basic foodstuffs were not declining in line with prevailing market conditions.
As a result, many South Africans could not afford the basket of basic foods, stoking fears about food insecurity. Kaya FM
…
continue reading
Competition Commission economists have warned that food prices are still too high for minimum wage households to afford, even in the face of cooling price pressures and lower fuel prices.
The latest edition of the Essential Food Price Monitoring Report by the commission found that the prices of various basic foodstuffs were not declining in line with prevailing market conditions.
As a result, many South Africans could not afford the basket of basic foods, stoking fears about food insecurity. Kaya FM
172 episodes
M4A•Episode home
Manage episode 444054619 series 2915042
Content provided by Kaya 959. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Kaya 959 or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
GUEST – Khali Ranenyeni, Principal Economist at Competition Commission
Competition Commission economists have warned that food prices are still too high for minimum wage households to afford, even in the face of cooling price pressures and lower fuel prices.
The latest edition of the Essential Food Price Monitoring Report by the commission found that the prices of various basic foodstuffs were not declining in line with prevailing market conditions.
As a result, many South Africans could not afford the basket of basic foods, stoking fears about food insecurity. Kaya FM
…
continue reading
Competition Commission economists have warned that food prices are still too high for minimum wage households to afford, even in the face of cooling price pressures and lower fuel prices.
The latest edition of the Essential Food Price Monitoring Report by the commission found that the prices of various basic foodstuffs were not declining in line with prevailing market conditions.
As a result, many South Africans could not afford the basket of basic foods, stoking fears about food insecurity. Kaya FM
172 episodes
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