Food Inflation News Monitoring

Threat of tariffs & food inflation won't break the 'magic' as Business Cares Food Drive marks 25 years

The Business Cares Food Drive is celebrating 25 years of giving in London. The annual campaign concluded with a ‘Morning of Magic’ celebration Thursday. With volunteers and business supporters looking on, cheque after cheque crossed the stage at the …

2024 In Review: Agriculture, food inflation & way forward 

Food inflation is approaching zero

ECONOMY File photo. Greece registered the second-lowest inflation rate in food among the 27 European Union member-states in November, clearly indicating that pressure on household budgets due to supermarket costs has receded radically. According to …

Eurostat: Food inflation in Greece close to zero in November

Greece registered the second lowest inflation rate in foods among 27 EU member states in November, clearly indicating that pressure on household budgets due to supermarket costs has receded radically, ANA reports. According to Eurostat data published on …

Food inflation hits 40% despite FG $3.3bn agric loan

Despite securing multilateral loans amounting to $3.334bn (N5.178tn) and attracting over $4.3bn investments to boost food production, the cost of essential staple food items skyrocketed by 60.88 per cent under the leadership of President Bola Tinubu, The …

Cost of UK Christmas dinner up 20% since pre-pandemic

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The cost of an average Christmas meal is a fifth higher than before the pandemic, spurred by a surge in the price of mince pies, …

Reducing food inflation must be a priority in Mahama’s administration – Prof. Gatsi

Economist and Dean of the University Cape Coast Business School, Prof. John Gasti has advised the incoming John Mahama administration to work at reducing food inflation. He is of the view that such a move will bring some relief to households, particularly …

How inflation ‘stole’ Christmas

Barely days to Christmas, the 2024 edition promises to be an unusual festival in many Nigerian homes. The present economic realities have subdued this season’s spirit’, with a cash crunch dotting the landscape. With the inflation rate rising to 34.6 per …

Christmas: Chicken costs N25,000, turkey N130,000

Ahead of the Christmas and New Year festivities, costs of basic food items have skyrocketed, raising apprehension among Nigerians, Daily Trust can report. This is as many civil servants, who spoke to our correspondents in different states of the country, …

Domestic economy maintains positive trajectory 

The domestic economy maintained a positive growth trajectory during the third quarter of 2024 albeit at a slower pace when compared to the same time last year. According to the central bank, Namibia’s economy registered a growth rate of 2.8% during the …

USAID: U.S. Government Has Supported Over 5m Farmers Since 2019  

Arthur Eriye The U.S. Embassy in Nigeria disclosed its government, through the U.S. Agency for International Development (USAID), has supported over 5 million Nigerian farmers since 2019. According to the statement, this assistance, is part of a …

Russia’s food prices skyrocket amid runaway inflation

19 December, 12:38 PM Russian food inflation out of control (Photo: ArturVerkhovetskiy/depositphotos) Despite efforts by the Russian Central Bank and the authorities to regulate prices, inflation in the country continues to accelerate, with food prices …

Nigeria Has Not Been Harder Than This – Gbadebo Vivor

Gbadebo Rhodes-Vivor said while the government continued to lament bankruptcy they continued to spend on luxury. He stated this on Thursday in an interview with News Central. He noted that the citizens of the country are going through hardship as a result …

Opposition tags Tinubu’s N47.9tn budget unrealistic

The Coalition of United Political Parties, the Peoples Democratic Party, and the New Nigeria Peoples Party have criticised President Bola Tinubu’s proposed 2025 budget of  N47.9tn, expressing doubts about its feasibility and potential to address Nigeria’s …

Tanimu Yakubu: How Tinubu Will Cut Inflation from over 34% to 15% in 2025

•Says next year will be turning point for Nigeria’s economy  Emmanuel Addeh in Abuja The Director General of the Budget Office of the Federation, Tanimu Yakubu, yesterday assured that despite the skepticism trailing the feasibility of slashing the current …

Bharat Dal, coming soon to an online grocer near you

New Delhi: Virtual shelves of online grocers such as Amazon, Flipkart and Swiggy may soon see the debut of an unlikely item: Subsidized dal from the Government of India. The ministry of consumer affairs is expected to mandate e-commerce companies to offer …

Botswana’s decision to lift ban on South African vegetable imports will ease food inflation

In November, South Africa's vegetable prices were deflated — -2,6%. Meanwhile, in Botswana, vegetable price inflation was in double digits. (Photo by Joe Giddens/PA Images via Getty Images) I am encouraged that Botswana has decided to lift the ban …

Debt servicing, salaries take N24.8tn in 2025 budget

The Federal Government plans to spend N8.52tn (inclusive of government enterprises) on personnel and pension costs for federal workers next year, an analysis of the 2025 Appropriation Bill has shown. This amount is an increase of N3.17tn or 59.16 per cent …

Rice-driven food exports jump 20pc

ISLAMABAD: Pakistan’s raw food exports increased by 19.58 per cent to $3.15 billion during July-November FY25 from $2.64bn mainly owing to increased rice exports. Raw food exports have risen for the past 16 consecutive months despite unprecedented food …

Plant-based Protein Market to reach US$ 22.7 Bn by 2031 || TMR Report

Plant-based Protein Market is driven by rise in number of application increases the use of plant-based products. WILMINGTON, DE, UNITED STATES, December 20, 2024 /⁨EINPresswire.com⁩/ -- The plant-based protein market has witnessed remarkable …

Coffee Franchise Market Top Growth Companies, Global Growth, Size, Trends, Industry Analysis, Key Players

WILMINGTON, DE, UNITED STATES, December 20, 2024 /⁨EINPresswire.com⁩/ -- Global Coffee franchise market size was valued at $90.7 billion in 2021, and is estimated to reach $200.3 billion by 2031, growing at a CAGR of 8.3% from 2022 to 2031. …

U.S. Spice & Seasonings Market Demand will reach a value of US$ 2.3 Bn by the year 2030 at a CAGR of 6.9% | TMR Study

U.S. spice & seasonings market is projected to climb a revenue growth from US$ 1.1 Bn in 2020 to US$ 2.3 Bn by the end of 2030 WILMINGTON, DE, UNITED STATES, December 20, 2024 /⁨EINPresswire.com⁩/ -- The U.S. spice and seasonings market has …

Tea Market Booming Worldwide with Latest Trend and Future Scope: $93.2 Billion by 2031

The tea market size was valued at $49 billion in 2021, and is estimated to reach $93.2 billion by 2031, growing at a CAGR of 6.7% from 2022 to 2031. WILMINGTON, DE, UNITED STATES, December 20, 2024 /⁨EINPresswire.com⁩/ -- Due to the health …

Baby Infant Formula Market Size Projected to Hit $56.6 Billion by 2031

Baby infant formula market size was valued at $25.5 billion in 2021, and is estimated to reach $56.6 billion by 2031, growing at a CAGR of 8.1% WILMINGTON, DE, UNITED STATES, December 20, 2024 /⁨EINPresswire.com⁩/ -- The market for baby infant …

Herbs and Spices Market to Reach USD 244,124.7 Million by 2034, Driven by Food Innovation and Medicinal Benefits

Herb & Spice Extracts Market grows as demand rises for their health benefits, flavor, and natural appeal in diverse culinary applications. NEWARK, DE, UNITED STATES, December 20, 2024 /⁨EINPresswire.com⁩/ -- The global herbs and spices market …

Global Culinary Master Online Challenge - Singapore Debut

SINGAPORE, SINGAPORE, December 20, 2024 /⁨EINPresswire.com⁩/ -- November 2024，The culinary world celebrated a significant milestone with the successful conclusion of the “Global Culinary Master Online Challenge - Singapore Debut”. This event …

Global Breakfast Cereal Market is Projected to Hit $78.88 Billion by 2034 at a 4.1% CAGR

Organic, Keto-friendly, and Gluten-free Diet Trend Giving Substantial Push to Breakfast Cereal Market Expansion: Fact.MR Report ROCKVILLE, MD, UNITED STATES, December 20, 2024 /⁨EINPresswire.com⁩/ -- According to a newly published research report …

BBQ Charcoal Market Outlook, Size, Growth Factors and Industry Forecast 2031

WILMINGTON, DE, UNITED STATES, December 20, 2024 /⁨EINPresswire.com⁩/ -- The global bbq charcoal market size was valued at $2.1 billion in 2021, and is estimated to reach $3.3 billion by 2031, growing at a CAGR of 4.8% from 2022 to 2031. …

モッツァレラチーズの市場規模は2032年までに652.5億米ドルに達し、CAGRは5.55%

モッツァレラ チーズ市場には、Groupe Lactalis、Fonterra、Grande Cheese Company、Perfect Italiano が含まれます TOKYO, JAPAN, December 20, 2024 /⁨EINPresswire.com⁩/ -- モッツァレラチーズ市場レポート2024では、市場規模、収益、売上分析、主要な推進要因などの重要な指標を含む市場が徹底的に調査されています。 …

Hope Sheree Presents A Sizzlin Hot New Christian Cooking Show - 'A Dash of Hope With Friends'

Hope Sheree Presents A Sizzlin Hot New Christian Cooking Show - “A Dash of Hope With Friends”. This show combines faith, love, friendship, food, and fun. NORFOLK, VA, UNITED STATES, December 20, 2024 /⁨EINPresswire.com⁩/ -- Join Hope Sheree and …

Carnitine Supplements Market Size, Analyzing Trends, Projected Outlook and Forecast by 2022-2031

WILMINGTON, DE, UNITED STATES, December 20, 2024 /⁨EINPresswire.com⁩/ -- The global carnitine supplements market size was valued at $194.50 million in 2021, and is estimated to reach $316.5 million by 2031, growing at a CAGR of 5.1% from 2022 to …

Potato Starch Market Forecast: $7.69 Billion by 2034 with Steady Growth

Potato Starch Preferred Choice in Ready-to-Eat Food Products Mainly Due to its Thickening & Stabilizing Properties: Fact.MR Report ROCKVILLE, MD, UNITED STATES, December 20, 2024 /⁨EINPresswire.com⁩/ -- According to a new industry report …

Key Casein Protein In Animal Feed Application Market Trend 2024-2033: Innovative Product Offerings

The Business Research Company’s Early Year-End Sale! Get up to 30% off detailed market research reports—for a limited time only! LONDON, GREATER LONDON, UNITED KINGDOM, December 20, 2024 /⁨EINPresswire.com⁩/ -- The Business Research Company’s …

Gruppo Lunelli: A Concrete Commitment to Sustainability

For the first time a Sustainability Report covering all Gruppo Lunelli companies is presented. TRENTO, ITALY, December 19, 2024 /⁨EINPresswire.com⁩/ -- Gruppo Lunelli presents for the first time its Sustainability Report, a document drawn up …

Sjöblom Glögg Revives a Timeless Holiday Tradition

For the first time, authentic Scandinavian glögg is here—vintage wine with imported spices, crafted with quality in Napa Valley, CA. NAPA, CA, UNITED STATES, December 19, 2024 /⁨EINPresswire.com⁩/ -- This holiday season, the rich tradition of …

Castor Oil Market Growth: From US$ 1.2 Billion in 2022 to US$ 1.9 Billion by 2031 - Transparency Market Research, Inc.

Global Castor Oil Market to Reach US$ 1.9 Bn by 2031, Growing at a 4.9% CAGR from US$ 1.2 Bn in 2022 WILMINGTON, DE, UNITED STATES, December 20, 2024 /⁨EINPresswire.com⁩/ -- The global castor oil market is poised for significant growth, with a …

Global Tea Market Forecast: Growth from US$ 20.2 Billion to US$ 33.9 Billion by 2032 -Transparency Market Research, Inc.

Global Tea Market to Reach US$ 33.9 Bn by 2032, Growing at a 5.9% CAGR from US$ 20.2 Bn in 2023 WILMINGTON, DE, UNITED STATES, December 20, 2024 /⁨EINPresswire.com⁩/ -- The global tea market, valued at US$ 20.2 billion in 2023, is projected to …

Banana Powder Market Trends: Growth Accelerating Toward US$ 774.2 Million by 2027 - Transparency Market Research, Inc.

Global Banana Powder Market to Reach US$ 774.2 Mn by 2027, Growing at Approximately 3% CAGR During 2014-2018 and Beyond WILMINGTON, DE, UNITED STATES, December 20, 2024 /⁨EINPresswire.com⁩/ -- The global banana powder market has experienced steady …

Thermos® Brand Marks 120 Years of Trust, Innovation, and Unmatched Quality in Insulated Food and Beverage Containers

SCHAUMBURG, IL, UNITED STATES, December 19, 2024 /⁨EINPresswire.com⁩/ -- Thermos L.L.C., a leader in insulated food and beverage containers, proudly stands by the superior quality and safety of its products. Since 1904, Thermos Brand has …