"Our basket focuses on basic foodstuffs such as bread, milk, margarine and rice, and does not attempt to monitor the prices of luxury items. The reality is that most South Africans buy these basic foodstuffs and they are currently paying record-high prices for these products. The consumer will have to protest more effectively against this," Kleynhans said.
SHOOT: I believe the time is not far away where we will see demand destruction take place, and suppliers will begin to change the inputs that go into things like packaging and printing costs. Because more and more will simply not be able to afford food in future.
SHOOT: I believe the time is not far away where we will see demand destruction take place, and suppliers will begin to change the inputs that go into things like packaging and printing costs. Because more and more will simply not be able to afford food in future.
clipped from www.fin24.com Solidarity's research revealed that Checkers was "slightly ahead" of "Our basket focuses on basic foodstuffs such as bread, milk, margarine "Following the 16.8% food price increase last year, we still saw |
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