After trading in a deflationary environment for the past year, during which its internal measure showed that average selling prices dropped 1.2 in the 52 weeks to 1 March 2026, retailer Boxer has warned that it expects selling prices to gradually rise through the remainder of FY27 as the impacts of the war flow through the supply chain.
CEO Marek Masojada says recent turnover trends are lower than those experienced in the second half of last year, and we have seen deflation continue into the new financial year.
Over the same 12-month period as its financial year effectively to end February, Statistics South Africa reported food and non-alcoholic beverage inflation of 4.4.
