date:Dec 21, 2012
possibly beyond, due to factors such as a hike in feed prices and costly EU reforms on pig farming, which will increase inflation rate in the meat category.
The alcoholic and soft drinks category has reached a high inflation rate of 3% to 4%, compared to historical levels of 1% to 3%. This can be attributed to a hike in prices of the commodities used in drinks production triggered by volatile commodity markets and climate change.
In 2012, the inflation rate for breads and cereals was lower th