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Tuesday, August 7 2012
THE EDITOR: Our food inflation rate is now at 24 percent, year on year, ie in the last year food prices have risen on average 24 percent. Many including the Minister of Food Production are warning of more of this inflation based on the increase in price of grain in the world because of a drought.
Further, our chicken farmers are pointing to the increase in feed price which can result in higher prices in the supermarkets. Since most of our meat is imported we are also threatened with associated increases.
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