The May 2021 Household Affordability Index, which tracks food price data from 44 supermarkets and 30 butcheries, shows that the average cost of the Household Food Basket is R4137,11.
Women cannot absorb the food price increases. Women tell us they now only buy the critical foods. Women tell us they respond to hikes in food prices by shopping around a lot more to seek out the cheapest prices before they commit to a purchase.
We call on the Reserve Bank to monitor much more stringently inflationary increases on food, electricity and transport and their impact on low-income households and the broader economy; and act decisively when such increases threaten the affordability levels of low-income households and damage the economy.