Food Prices
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FMCG sector shows positive shift: Kantar reports 7.2% year-on-year growth in Q3, rural markets gain momentum
According to Kantar, a prominent global research firm, there are signs of a positive shift in the fast-moving consumer goods (FMCG) sector. This comes...
Food prices to remain stable during festive season: Centre
Government on Thursday assured that prices of all major food items and commodities will remain stable during the upcoming festival season.Food secretary Sanjeev Chopra...
Marico predicts a bright H2 with improving consumption trends in rural India
Marico reported that the demand conditions in the September quarter closely resembled the patterns seen in the previous quarter. Challenges such as increasing food...
UK food prices see first decline in two years, BRC reports
According to an industry body, food prices in the UK have experienced their first decrease in over two years, attributed to intense competition among...
Canada considers tax measures to restore grocery price stability, warns retailers
Canada's Prime Minister, Justin Trudeau, has issued a warning, indicating that taxes may be imposed if grocery retailers do not implement measures aimed at...
Italy’s FMCG associations unite to tackle food inflation with price reduction initiatives
FMCG organizations in Italy have formally communicated their intention to the government, urging their food manufacturer members to implement significant price reductions.In a collaborative...
Food price surge propels India’s retail inflation to nearly 15-month high of 7.44% in July
According to data released by the Ministry of Statistics on Monday, India's retail inflation climbed to an almost 15-month peak of 7.44 percent in...
Consumers struggle as food prices hit their highest in years
Amid the spotlight on soaring tomato prices caused by supply shortages, government data reveals that the prices of all food items, except potatoes, have...
India’s ban on rice exports expected to worsen global food price volatility, warns IMF Chief Economist
According to Pierre-Olivier Gourinchas, the Chief Economist and Director of the IMF, India's restrictions on the export of specific rice varieties are expected to...
Rising milk costs to impact hotel and bakery food prices
The impending rise in milk prices, scheduled for August 1, is expected to lead to an increase in the cost of dining out in...
UK regulator refutes weak retail competition as cause of soaring food prices
On Thursday, the regulator of Britain's food industry refuted the notion that high food price inflation was a result of weak retail competition. This...
Per plate food cost in India witnesses marginal increase in the past two months, reveals Crisil Report
According to a recent report by Crisil Market Intelligence and Analytics, the per plate cost of both vegetarian and non-vegetarian thali in India, which...