Food Prices
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Global food prices hit a 2-year low, but grocery bills remain stubbornly high
In May, there was a significant decline in global food costs, marking the lowest level observed in the past two years. This development has...
Adani Wilmar’s profitability affected by lower edible oil prices and inflation; reports 60% decline in PAT for FY23
Adani Wilmar, a major player in the FMCG industry, reported in a regulatory filing that their profitability for the quarter ending on March 31,...
Sainsbury’s outperforms market expectations despite rising food prices and increased competition
Sainsbury's, the British supermarket chain, has commenced its new financial year with significant momentum despite the uncertain outlook for consumer spending. The company has...
UK inflation continues to hover above 10% as food prices surge
The UK witnessed the highest increase in food prices last month, surpassing the record of the past 45 years. This hike has led to...
United Nations’ FAO says World Food Prices has come down for 10th Consecutive Month
The United Nations food agency FAO's world price index fell in January for the 10th consecutive month and is now down some 18% from...
The Frightening Impact of Inflation on Nutrition and Health as food prices shoot up
Canada and the World across saw the most significant yearly gain in food purchases from restaurants or grocery shops in September (10.3 per cent)....