food inflation
Coverage of food inflation in the Nexus archive.
- Crop Prices Hit 3-Year High as Black Sea Attacks, Heat Stoke Food Inflation
Crop prices reached a three-year high due to heat waves and attacks in the Black Sea, which threaten to disrupt global grain trade and exacerbate food inflation. The situation is further compounded by the war in Iran.
- Food inflation remains biggest threat despite easing headline rate – CPPE
The Centre for the Promotion of Private Enterprise (CPPE) highlights that food inflation remains the primary threat to household welfare despite a decline in the headline inflation rate. The organization advocates for structural reforms instead of tighter monetary policy to address the issue.
- Food inflation remains biggest threat despite easing headline rate – CPPE
The Centre for the Promotion of Private Enterprise (CPPE) highlights that rising food prices remain the primary threat to household welfare, despite a decline in the headline inflation rate. The organization advocates for structural reforms over tighter monetary policy to address the issue.
- Retail inflation inches up to 4.38% in June: Government data
Retail inflation rose to 4.38% in June, with food inflation based on the consumer price index (CPI) increasing to 5.32% from 4.78% in May.
- The danger of South Africa’s fragile anti-migrant protests
South Africa's major cities experienced peaceful anti-migrant protests, with the government deploying police and military resources to manage the demonstrations. However, the protests highlight underlying economic vulnerabilities, including 30% unemployment, rising food inflation, and a struggling informal retail sector. The government faces pressure to enforce mass deportations and workplace quotas as part of a rolling campaign by protest leaders.
- Iranians endure war fatigue and soaring prices as conflict deepens domestic woes
Iranians face war fatigue and economic hardship as ongoing conflict and U.S. strikes exacerbate food inflation, business closures, and daily struggles. Recent U.S. military actions and stalled peace talks heighten anxiety, with many desperate for an end to the turmoil.
- Ministers in talks over shelving carbon tax on fertiliser to curb food inflation
Ministers are considering suspending a carbon tax on fertilisers, set to begin early next year, as part of a package to reduce food inflation. Measures also include pausing import tariffs on foods like bread, biscuits, and bananas.
- 5 ways to stretch your Memorial Day BBQ budget as burgers cost 20% more this year
Memorial Day weekend cookouts will cost significantly more this year, with burger prices up 20% compared to last year. The article provides five budgeting tips to help hosts manage increased food costs while hosting their BBQ celebrations.
- Prices of beef, milk and sweets rise fastest in supermarkets as experts say food inflation could hit 10% this year due to Iran war
Supermarket prices for beef, milk, and sweets are rising fastest, with experts warning food inflation could reach 10% this year due to the Iran war. The surge in costs highlights growing economic pressures linked to geopolitical tensions.
- World faces food ‘catastrophe’ if Strait of Hormuz disruption persists: FAO
The FAO warns of a potential global food 'catastrophe' if the Strait of Hormuz remains disrupted, citing vulnerabilities in global agriculture to waterway blockages. Such disruptions risk escalating commodity prices and triggering food inflation worldwide.