Food Prices
Global dairy prices rose in August, but a decline in sugar prices kept the United Nations Food and Agriculture Organization (FAO) Food Price Index almost steady compared to the previous month.Bu͏tter͏ p͏ri͏ces hit ͏record high͏:On͏ Frida͏y,͏...
Global food commodity prices increased for the third straight month in May, driven by rising costs of cereals and dairy products.Comparison with Previous Year and Peak ValuesThe FAO Food Price Index, which monitors monthly fluctuations in...
Breaking News
Food prices set to ease post-June as IMD predicts above-normal monsoon in India
The government anticipates a decrease in food prices after the India Meteorological Department (IMD) predicted an above-normal monsoon, as stated in the recent monthly...
Global food prices rebound after three-year low: UN Report
In March, global food prices experienced a rebound from a three-year low, driven by rises in vegetable oils, meat, and dairy products, as indicated...
Global food prices hit three-year low as cereal costs decline, FAO data reveals
Global food commodity prices continued to fall in February, marking the lowest average since February 2021, mainly as a result of lower world cereal...
Kellogg’s CEO faces backlash after suggesting Americans eat cereal for dinner amid soaring food prices
At a time when Americans are facing the highest food spending in three decades, Kellogg's CEO Gary Pilnick's suggestion to eat cereal for dinner...
Govt rolls out ‘Bharat’ rice at INR 29/kg to tackle rising food prices
The Union government on February 6 rolled out 'Bharat rice' at a subsidised rate of INR 29 per kilogram (kg) to provide relief to...
New Zealand’s food prices show modest 4.8% YoY increase, marking lowest rise since December 2021: Stats NZ Report
New Zealand's food prices have seen a modest 4.8 percent year-on-year increase, as announced by the statistics department Stats NZ on Thursday. This marks...
Global food prices take a downturn, falling 13.7% in 2023: FAO
Global food prices decreased in 2023, experiencing significant drops for grains and oils as supply concerns eased, as reported by the UN's Food and...
Food prices in Estonia set to rise again in 2024 following tax adjustments
Food and beverage costs at retail establishments in Estonia are poised to increase once more in the upcoming year, as the repercussions of indirect...
Global food prices set to rise as El Niño takes a toll on raw materials
A substantial surge in 2023 for raw materials vulnerable to El Niño is expected to impact consumers' finances in the upcoming months, as indicated...
Four in five Canadians anticipate food prices to rise again in 2024, reveals survey
Four out of five Canadians anticipate a further rise in food prices in 2024, as indicated by Dalhousie University's New Year's Food Resolution survey.Consequently,...
Govt expects 18% decline in tur prices by February
The government expects a reduction of over 18 percent in the prices of tur, the country's favored pulse, by February. This projection comes from...
Unfavorable weather triggers inflation surge – onion and pulse prices on the rise
Experts have stated that the recent intense rainfall and hailstorms in Maharashtra, Gujarat, western Madhya Pradesh, and certain areas of Rajasthan may contribute to...