# Food prices remain too high, here's what could go up further

> A South African Competition Commission report finds essential food prices remain high and rising faster than affordable for low-income households. Easing cost pressures such as fuel, load shedding and a stronger rand have translated slowly into lower retail prices.

- Date: 2024-10-05 · published 2024-10-05T12:00:00.000Z
- Category: macro · region South Africa · magnitude low
- Page: https://feedsoft.ai/events/27999-food-prices-remain-too-high-here-s-what-could-go-up-further
- Commodities: [South African Rand (ZAR per USD)](https://feedsoft.ai/c/USDZAR.md)

## Why it matters

Retail food inflation in South Africa has limited direct effect on global feed or commodity prices, though a firmer rand eases imported input costs there.

## Read by commodity

- USDZAR: neutral

## Sources

- citizen.co.za: https://www.citizen.co.za/business/personal-finance/competition-commission-positive-signs-of-food-prices-easing/

---
Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.