Inflation at four-year low – But why is food still so expensive?

GUEST – Thabile Nkunjana – Agricultural Economist
South Africa’s inflation rate declined to a more than four-year low, heralding another reduction in borrowing costs on Thursday. Consumer prices rose 2.8% in October from a year earlier, compared with 3.8% in the prior month, Pretoria-based Statistics South Africa said Wednesday in a statement on its website