New Index Shows Low-Income Consumers Struggle with Rising Food Costs

A new index, the Maize Meal Porridge Index, has been created to show the effect of food inflation on low-income households and underscores the challenge posed by rising food costs compared to the relatively slower growth in wages, highlighting potential concerns about affordability, especially for low-income households.

This new index shows how low-income consumers battle to afford nutritious food for their families as food price inflation soars. A new index, the Maize Meal Porridge Index, has been created to show the effect of food inflation on low-income households and underscores the challenge posed by rising food costs compared to the relatively slower growth in wages, highlighting potential concerns about affordability, especially for low-income households.

Statistics South Africa’s latest Consumer Price Index (CPI) figures show that headline inflation increased to 5.3% in January from 5.1% in December after two consecutive months of decline. Food and non-alcoholic beverages were the main drivers of inflation, increasing by 7.2%. Against this backdrop, the Centre For Risk Analysis developed the Maize Meal Porridge Index using data from the Pietermaritzburg Economic Justice and Dignity Household Food Basket to determine the impact of food inflation on low-income households, Mlondi Mdluli, senior economic researcher at the centre, say

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Index Low-Income Consumers Food Inflation Rising Food Costs Affordability

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