Prices – African Marketing Confederation

Supply chain bottlenecks and rising oil costs set to hit consumers

With the war in the Middle East disrupting global supply lines and pushing up a range of costs, consumers will have to pay more.

Market researchers believe it’s not simply bargain hunting. It is a recalibration by consumers of what constitutes value.

Fruit prices rose by a significant 15.5% in May, with notable price increases for watermelons, citrus fruits and avocados.

Study of the global luxury watch sector shows how a brand’s ‘coreness’ positively affects the prices of its products.

Study finds that 58% of people reported a worsening financial situation over the last six months. Only 21% saw improved household income.

In the country’s Ashanti region, prices can surge by 12% or more every three days, news report says.

Bureau of Statistics figures for July show a slight easing of inflation. But high food prices mean ordinary people remain under pressure.

British supermarket chain’s lop-sided billboard emphasises falling prices. But locals thought the billboard was about to fall too.

Critical processing facilities in Ghana and Côte d’Ivoire are again cutting output as they can’t afford to buy cocoa beans.

Day-to-day products like bread, milk, cooking oil and mealie meal exempt from 1 February as consumers struggle with food inflation.