Farmer's Weekly

High food inflation bad news for farmers

Retail food and non-alcoholic beverage prices increased by 9,9% from July 2022 to July 2023. While this is much lower than the peak of nearly 14% reached in April 2023, it is still much higher than the headline CPI inflation of 4,7%. A recent Bureau for Food and Agricultural Policy publication lists the food categories with the highest rate of inflation year-on-year (see the table).

A recent

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