Monthly Food Affordability Tracker Issue 3 [August 2020 #3]

On 1 June, South Africa moved from Level 4 lockdown to Level 3 lockdown. This allowed for relaxing several restrictions that impacted the food and beverage industry in South Africa. The most notable of these, related to the food industry, were that retailers were subsequently allowed to sell the full spectrum of their merchandise and that restaurants and food-away-from-home establishments were allowed to re-open, but on a limited scale, due to the regulations related to social distancing.

With these changes food prices were impacted through changes in demand and possible disruptions in supply chains as well as macro-economic of which the most notable is the related to exchange rate movements.

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