Welcome easing: South Africa’s consumer food price inflation continues to slow (opens original article in a new tab)

South Africa's consumer food price inflation continues to slow, with lower prices for grains, fruits, and vegetables driven by ample supplies and record production. Global grain prices and a US-Iran deal easing fuel costs further contribute to the trend.

• South Africa's consumer food price inflation slowed to 1.6% in May 2026, down from 2.8% in March.
• Lower prices for grains, oilseeds, fruit, and vegetables are driving the slowdown, supported by ample domestic and global supplies.
• Record grain production of 21.1 million tonnes is expected, with global grain prices also under pressure.