Soaring cost of potatoes drives up the South African Shisa Nyama Index

게시됨 2023년 3월 6일

Tridge 요약

The village of Sodwana Bay in South Africa is experiencing a significant increase in the cost of potatoes, with prices rising by 28% over the past two months, as reported by Bloomberg's Shisa Nyama Index. This increase is affecting the affordability of food for low-income earners, especially with the overall consumer prices and food costs also rising. The index tracks the prices of key ingredients for a traditional South African barbecue and showed a 23% increase in prices on average in February compared to the previous year. The decline in potato supply and increase in prices have led to small business owners like Brendan Brokensha reducing portion sizes to offset the rising costs.

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원본 콘텐츠

The village of Sodwana Bay in remote northeastern South Africa is renowned among scuba divers and deep-sea fishermen for its sharks, rays, marlin and seahorses. Lately it’s been getting a reputation for expensive fries. The cost of potatoes jumped 28% over the past two months, the biggest increase of any single ingredient in Bloomberg’s Shisa Nyama Index. "The price of potatoes went mad," said Brendan Brokensha, who owns three Sodwana eateries including the Beach Kiosk, where a small serving of fries now costs R35. Crunching data from the Pietermaritzburg Economic Justice and Dignity group, Bloomberg’s index tracks the prices of some of the key ingredients in a traditional barbecue consumed in South Africa’s townships — known as a shisa nyama. Corn meal, onions, carrots, tomatoes, curry powder, salt, beef and wors — a type of sausage — are among the other items that make up the index. The gauge shows prices on average rose 23% in February from a year earlier. That far outstripped ...

출처: News24