JOHANNESBURG - Food prices are rising at their lowest rate in over a year.
That is some of the good news according to Wednesday inflation data.
Consumer prices rose by 4.5 percent in May driven mainly by fuel hikes linked to the war in the Middle East.
That was higher than the 4 percent recorded in April. However, food inflation rose by only 1.6 percent.
There was a deceleration of price increases across various food groups.
Chief economist of the Agricultural Business Chamber, Wandile Sihlobo, says the moderation is due to lower prices for grains and oilseeds.
The country also had a bumper fruit harvest.