In July ‘24, OK Foods experienced the largest year-on-year basket cost decrease, dropping by 9.90%. The basket price reduced from N$ 1,098.80 in July ‘23 to N$ 999.80 in July ‘24.
A significant contributor to this decrease was the price of beef stew, which dropped by N$ 25.00, from N$ 124.99 in July ‘23 to N$ 99.99 in July ‘24.
Other items that contributed to the basket reduction include washing powder, which decreased from N$ 74.99 to N$ 66.99, and macaroni pasta, which decreased from N$ 116.99 to N$ 103.99.
Conversely, Choppies, which has been known for its affordable basket, saw a year-on-year increase of 4.70%. The basket cost rose from N$ 974.11 in July ‘23 to N$ 1,018.86 in July ‘24.
Items contributing to this increase include tomatoes, which went from N$ 19.99 per kilogram in July 2023 to N$ 31.95 in July ‘24, potatoes, which rose from N$ 18.99 to N$ 21.95 per kilogram, and beef stew, which increased from N$ 89.99 to N$ 94.99 per kilogram.
Checkers also experienced a significant basket cost reduction of 9.74%, followed by Spar with a 9.55% decrease, Woermann Brock with an 8.19% drop, and Shoprite with an 8.05% decrease. Pick ‘n Pay’s basket price also decreased, albeit marginally, by 1.59%.
Regarding the commodity for July ‘24, Top Score 5kg, Spar offered the lowest average price at N$ 66.50, followed by Shoprite at N$ 66.84, and Pick ‘n Pay at N$ 67.45. Choppies, Woermann Brock, and OK Foods followed with prices of N$ 69.91, N$ 72.22, and N$ 73.70, respectively.
In the hypermarket category, Woermann Brock emerged as the most affordable, with a basket decrease of 2.01%, followed by Checkers with a slight decrease of 0.1%. Metro was the least affordable, with a basket increase of 12.01%.
Our grocery basket comprises:
Loaf of bread
2-litre Nola Sunflower Oil
5kg Top Score maize meal
2.5kg Marathon sugar (white sugar)
1.5kg Real Good Chicken
1kg Beef stew
2kg Mama rice
3kg Pasta Polana Macaroni
1-litre Nammilk full cream milk
9 Twinsaver toilet paper (350 sheets)
700ml Wellington tomato sauce
1kg Sunlight Washing powder
750ml Sunlight dishwashing liquid
500g Rama Butter
18 Waldschmidt eggs (medium)
150g Protex bar soap
100ml Colgate toothpaste
1kg Onions
kg Potatoes
1kg Tomatoes
Note: We do not take specials or loyalty card discounts into consideration. When we find certain goods on special, for example, “Get N$10.00 off when buying 18 (medium) eggs and pay N$55.00”, we will log the price as N$65.00 to exclude the special.
July ‘24 alternatives
Spar – 2L oil (Spar brand), Nice Rice
