Eswatini food prices steady amid rising production costs
The Eswatini Competition Commission reports modest food price movements in October, but warns of future affordability risks.
Food prices in Eswatini remained relatively stable in October, with most essential commodities showing only small price changes. The Eswatini Competition Commission's Monthly Price Tracker noted increases in rice, sugar, maize meal, cooking oil, and milk, with a 10kg bag of rice rising four percent to E117.13.
However, the commission warns that rising agricultural production costs and regional supply issues could impact future food affordability. Factors like high fertiliser prices in East and Southern Africa, increased fuel costs, and potential adverse weather are cited as risks that could raise expenses for Eswatini, which imports fertiliser from South Africa.
These production cost pressures could lead to reduced agricultural output, threaten food security, and ultimately push consumer food prices higher. While some items like cabbage and spinach saw price drops in October, the overall outlook for sustained food affordability is uncertain due to these emerging cost pressures.
Why it mattersEswatini consumers face potential future increases in food prices due to rising agricultural production costs and supply chain constraints.