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A service for food industry professionals · Tuesday, June 22, 2021 · 544,501,650 Articles · 3+ Million Readers
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Food Inflation News Monitoring

  • Published on Jun 21, 2021

    Beans, garri prices drove annual food inflation — NBS

    The prices of beans and garri drove annual food inflation in May, the National Bureau of Statistic has said in a new report. The ‘Selected food prices watch for May 2021’ report obtained on Sunday said there was a general rise in food prices in the month …

    Source: Punch - Neutral
  • Published on 08:29 GMT

    NCPI based Inflation increased to 6.1-pct in May 2021

    Author LBO Posted on June 22, 2021 | Commodity Headline inflation, as measured by the year-on-year change in the National Consumer Price Index increased to 6.1 percent in May 2021 from 5.5 percent in April 2021, mainly driven by the monthly increases in …

    Source: Lanka Business Online - Uncategorized
  • Published on 08:34 GMT

    Pakistan had to opt for IMF programme because PML-N left deficit of billion of dollars behind: Shaukat Tarin

    PML-N left landmines for the PTI government, says Finance Minister Shaukat Tarin. Tarin rejects statements by opposition members labelling PTI government's budget 2021-22 figures as "fake".  “This is my budget and I own it. They should know …

    Source: GEO TV - Pro-Government
  • Published on 05:21 GMT

    BUSINESS MAVERICK: South African retail confidence surges to six-year high, but headwinds remain

    (Photo: Dean Hutton / Bloomberg via Getty Images) The Bureau for Economic Research (BER) said on Monday that retailer confidence shot up from a dismal 37 in Q1 to 54 in Q2 – a six-year high. Wholesale confidence nudged up another five points to 63, …

    Source: Daily Maverick - Neutral
  • Published on 04:38 GMT

    Tarin for providing relief to ghee, oil buyers

    ISLAMABAD: Finance Minister Shaukat Tarin on Monday directed the Ministry of Industries and Production (MoIP) to hold a meeting with ghee and edible oil manufacturers and help transmit the declining trend of international oil prices to end consumers. The …

    Source: Dawn - Neutral
  • Published on Jun 16, 2021

    Food Inflation Was Highest In Kogi State In May

    A report by the Nigerian Bureau of Statistics (NBS) revealed that food inflation in the month of May on a year-on-year basis was highest in the state of Kogi at 25.12 percent. This was disclosed in its Consumer Price Index (CPI) for May 2021, noting that …

    Source: Biz Watch Nigeria - Uncategorized
  • Published on 02:54 GMT

    Pakistan has become ‘net importer of food’, NA told

    • Tarin admits PTI govt increased tariffs, devalued currency on IMF suggestion • Lawmakers laugh at Khattak’s claim that ‘there are no poor people in KP’ ISLAMABAD: Losing patience and without waiting for his scheduled winding-up speech on June 24, Finance …

    Source: Dawn - Neutral
  • Published on 01:25 GMT

    PML N left landmines for PTI govt: Tarin

    ISLAMABAD: Finance Minister Shaukat Tarin Monday said the government had to opt for the IMF programme due to the over $20 billion current account deficit left by the PML-N government in 2018. Responding to some points raised by the opposition members in …

    Source: The News International - Uncategorized
  • Published on Jun 21, 2021

    ‘Prices That We’ve Never Seen Before’: Rising Food Costs Hitting Restaurants Hard

    BOSTON (CBS) – Have you noticed how much it costs to fill your fridge these days? Some grocery store customers are feeling sticker-shock. “The cost of produce the cost of meat, deli, things that are prepared have gotten more expensive now,” said Melanie …

    Source: WBZ-TV CBS Boston - Massachusetts - Neutral
  • Published on Jun 21, 2021

    Third quarter warning for South Africa as price hikes expected to bite consumers

    The return of consumer spending has bolstered business confidence in South Africa, but companies are keeping a wary eye on developments in the second half of the year which could knock household finances. This is according to the latest retail trade report …

    Source: News (South Africa) - Uncategorized
  • Published on Jun 21, 2021

    Steps being taken to control inflation: Hashim

    LAHORE:Punjab Finance Minister Hashim Jawan Bakhat has said the government established Sahulat Bazar Authority to control food inflation and the authority would set up Sahulat bazaars across the province. The government has allocated Rs1.5 billion in the …

    Source: The News International - Uncategorized
  • Published on Jun 20, 2021

    McDonald’s will hire 20,000 employees as part of the UK and Ireland expansion

    McDonald’s will hire 20,000 employees in the UK and Ireland as part of a wider investment boost, despite the damage caused by the pandemic to the hospitality sector. There are plans to open more than 50 new restaurants next year on the street labor …

    Source: WiredPRNews.com - Neutral
  • Published on Jun 20, 2021

    Restaurateurs grapple with rising food costs, menu prices expected to rise

    Blair Lebsack, owner of RGE RD restaurant, poses for a portrait in the dining room, in Edmonton, Friday, June 18, 2021. Canadian restaurants are having to find ways to deal with the rising cost of food. THE CANADIAN PRESS/Jason Franson Restaurants …

    Source: Brandon Sun - Neutral
  • Published on Jun 20, 2021

    Stock market watch: What to expect from the week ending June 25, 2021

    Finally, correction reaches the market: Since most technical indicators were on overbought zones, analysts were expecting a correction during the week and the US Federal Reserve meeting triggered it. Since economic recovery in the US has been better than …

    Source: Economic Times - Uncategorized
  • Published on Jun 20, 2021

    Budget's reliance on indirect taxation to widen rich-poor gap

    Islamabad : Excessive reliance in the budget for 2021-22 on indirect taxation, including withholding tax as part of indirect taxes, will further widen the gap between the rich and poor. Besides, sustainable and inclusive growth will remain a pipedream in …

    Source: The News International - Uncategorized
  • Published on Jun 19, 2021

    Budget surplus to anchor stability

    The Sunday Mail Business Reporter Finance and Economic Development Minister Professor Mthuli Ncube announced last week that Zimbabwe posted a $9,8 billion budget surplus in the first three months of the year. In 2018, when the country realised its first …

    Source: The Sunday Mail (Zimbabwe) - Gov't Propaganda
  • Published on Jun 19, 2021

    Central Bank of Azerbaijan's inflation forecast remains within target range

    19 June 2021 17:35 (UTC+04:00) 306 By Trend No noticeable changes have been observed in the balance of inflation risks since the recent meeting of the Board of the Central Bank of Azerbaijan (CBA), Trend reports with reference to the CBA. The factors that …

    Source: AzerNews - Pro-Government
  • Published on Jun 19, 2021

    Experts concerned over weak economic indicators

    KARACHI: Experts on Friday voiced concerns over the weak economic indicators despite upbeat government estimates in the federal budget for the financial year 2021-22. These views came to fore in a discourse, led by Dr S Akbar Zaidi, Executive Director, IBA …

    Source: The News International - Uncategorized
  • Published on Jun 19, 2021

    'Ugly week in the grains' attributed to interest rate rumors, China rumors and weather change

    It was "an ugly week in the grains," AgweekTV's Michelle Rook said, with a huge sell off on Thursday that left many in the commodities markets scratching their heads. Randy Martinson of Martinson Ag Risk Management said it was the biggest …

    Source: Agweek - Uncategorized

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