INTERVIEW:Food basket increased by 11.5%

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The National Agricultural Marketing Council’s (Namc) 28-item urban food basket increased by 11.5% year-on-year.

The cost of the urban food basket increased by 11.5% in January from a year ago to reach R1 261.29, an increase of nearly 22 cents from the prior month, according to the Food Basket Price Monthly Report for February 2024 released yesterday.

This was up from the urban food basket of R1 239.59 reported in December last year.

28 Feb 3PM English South Africa Business News · Investing

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