Food price pressures could ease in 2024, but don't celebrate too early - analysts

With the cost pressures that brought sky-high food inflation over the past two years seemingly easing at last, consumers may be hopeful 2024 will offer some respite.

But consumers would be wise not to be too Pollyannaish in their outlook.

Not only are there a host of uncertainties globally, but local factors like load shedding, the logistical chaos facing ports and roads, and a volatile currency could play a part in producing some surprises next year, analysts say.