Food stocks to suit your investment wallet
Consumers are spending carefully and so should you
25 April 2024 - 08:00
The food producers’ sector, as listed on the JSE under the J357 index, has not been all that hardy for the past year or two. This is despite the perception that it contains many defensive stocks.
Everybody must eat, but in turbulent economic times consumer spending is constrained, especially during periods of high food price inflation and interest rates. So what do people do? They become more selective, eat less or substitute and carefully watch the rands and cents...
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