South Africa: Cabinet concerned about escalating food prices

Compiled by the Government Communication and Information System
Date: 10 Aug 2012
Title: Cabinet concerned about escalating food prices
--------------------

Pretoria - Cabinet has expressed concern at the escalation of food prices and the impact it is having on the poor.

According to a Cabinet statement, issued by Government Communications (GCIS) on Friday, the Minister of Agriculture, Forestry and Fisheries Tina Joemat-Pettersson will brief Cabinet on the matter at the next Cabinet meeting.

According to analysts, South African consumers should brace themselves for higher increases in food prices over the coming months. This as food inflation is expected to increase to between 12 and 15 percent in the next six to eight months. - SAnews.gov.za

Reported by: South African Government News Service

Published on: 2012-08-10

Limited copyright is granted for you to use and/or republish any story on this site for any legitimate media purpose as long as you reference 7thSpace and any source mentioned in the story above. Please make sure to read our disclaimer prior to contacting 7thSpace Interactive. To contact our editors, visit our online helpdesk. If you wish submit your own press release, click here.

Comments

There are no comments available. Be the first to write a comment.

You need to enable Javascript to post a comment.

Custom Search