BusinessTech looked at which retailer has the cheapest basket of house brands in South Africa.
Due to high inflation in South Africa, many individuals are resorting to purchasing house-brand products to help manage their budgets.
Food Lover’s Market was excluded from the comparison this year for not stocking house brands of all the items featured in the basket nor comparable alternatives.the No Name brand sold at Pick n Pay is the cheapest house brand basketCheckers’ house brand came in second, followed by PnP’s ‘premium’ store brand—only R29 separated second and third place.South Africans have been battling high levels of inflation over the last year, with the annual consumer price inflation quickening to 5.
Despite these inflation woes, the majority of the baskets across the retailers showed prices increase well below inflation, with some showing bigger adjustments than others. Agricultural Business Chamber of South Africa chief economist Wandile Sihlobo noted that South Africans should appreciate that the drought is unlikely to result in broad increases in food prices.
But aside from this, products that are playing favourably for South Africa are wheat and rice, which the country imports. In addition, Spar runs separate franchises, so prices in one store are not always applicable in another store. We thus used the prices at our office’s local Spar in Centurion.This comparison only looks at pricing and does not compare the quality of products.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Grocery basket showdown March 2024: Woolies vs Checkers vs Pick n Pay and moreWe compared the prices of nine staple items from seven retailers to find the cheapest basket in March 2024.
Read more »
Kid Hilariously Spells Checkers but Says Woolworths, SA in Stitches: “She Just Made My Day”A little girl has South Afriicab online users in laughter after she correctly spelt Checkers and said it was Woolworths. The moment was captured in a TikTok video.
Read more »
Fuel price: Relief at the pumps in April 2024 for SA motoristsThe latest fuel projections for April 2024 shows that there could be good news ahead for diesel and petrol car owners in South Africa.
Read more »
Fuel price volatility will likely delay rate cuts to late 2024, economists warnFuel price volatility will likely delay rate cuts to late 2024, economists warn
Read more »
Petrol price hike looms for South African motorists in early May 2024The latest fuel projections suggest that there will be bad news for petrol car owners in South Africa in early May 2024.
Read more »
All the big fibre price hikes of 2024South Africa’s four big open-access fibre network operators made adjustments to many of their fibre-to-the-home line speeds and prices in the past few months.
Read more »