RFG Holdings, which manufactures Rhodes and Bull Brand canned products, believes the worst may be behind food producers when it comes to rampant raw material price increases across global markets. CEO Pieter Hanekom told News24 that he expected inflation to peak overall in 2023 and doesn’t see more price increases coming through. When asked whether he foresaw any cost relief though he said it would be “fantastic” but was not willing to be drawn further.