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Consumers bear the brunt of chicken price increases

JOHANNESBURG,
(CAJ News) – THE increase of poultry import tariffs is hitting South African consumers hard in the pocket.
Following the introduction of the tariff in 2020, a bag of Individual Quick Frozen (IQF) chicken portions has risen from R63,87 (US$4,11) to R77,61 – an increase of 9 percent – in one year.
The increases in the prices of IQF chicken are in line with projections by the South African National Consumer Union last year.
The Association of Meat Importers and Exporters (AMIE) said the tariffs were aimed at cutting out imports completely and creating a monopoly in the local industry.
“We need to ask why the local industry pursues protectionism to this extent despite the increases in price to the consumer,” said Paul Matthew, Chief Executive Officer of AMIE.

South-africa , Johannesburg , Gauteng , Zimbabwe , Botswana , South-african , Paul-matthew , Association-of-meat-importers , African-national-consumer-union , Chief-executive , Meat-importers , Individual-quick-frozen

IQF chicken price hike of 14% bad news for consumers

IQF chicken price hike of 14% bad news for consumers
Union believes the higher tariffs on imported chicken has been a factor leading to double digit IQF chicken price increases.
Double digit Individually Quick Frozen (IQF) chicken price increases spell bad news for consumers the South African National Consumer Union (SANCU) has warned.
SANCU vice chairperson Cliff Johnston said it was concerning that food price inflation had exceeded the overall consumer price index (CPI) which is the rate at which goods and services increase in prices. He was reacting to the latest National Agricultural Marketing Council Food Price monitor which revealed that food prices had increased by a whopping 9,8% in January compared to January 2020.

South-africa , South-african , Cliff-johnston , National-agricultural-marketing-council-food-price , African-national-consumer-union , Individually-quick-frozen , South-african-national-consumer-union , New-year , குன்றின்-ஜான்ஸ்டன் , தனித்தனியாக-விரைவான-உறைந்த , புதியது-ஆண்டு ,