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Ocado warns of food price inflation

by on March 17, 2022 0
Ocado has attracted a third more active customers over the past year, but warned that cost price increases are making the business environment difficult. The online retailer released a first-quarter business statement for the 13 weeks to February 27 and revealed that the number of active customers rose 31% year-on-year to 835,000. Customer orders... Read More

Inflation rates depend a lot on where you live

by on February 9, 2022 0
The Bureau of Labor Statistics will release January inflation data later this week. Inflation rose 7% year-on-year, the biggest 12-month increase since 1982, according to the December consumer price index. However, the magnitude of the price increases varies widely from one city to another. In Atlanta, prices rose 9.8% annually, the largest increase of... Read More

Key message update for East Africa: Very high humanitarian assistance needs are expected to persist in East Africa in 2022 (January 2022) – Ethiopia

by on February 4, 2022 0
Crisis (IPC Phase 3) or worse outcomes are common in conflict-affected areas across the region, and conflict is a key driver of the outlook for above-average humanitarian food assistance needs in 2022 The worst affected areas in northern Ethiopia and South Sudan are facing Emergency (IPC Phase 4) outcomes, with some households likely in... Read More

Global inflationary pressures widened on food and energy price gains – Analysis – Eurasia Review

by on January 29, 2022 0
The chart of the week shows how soaring energy costs have boosted inflation, particularly in Europe, after fossil fuel prices almost doubled last year. Rising food prices have also contributed to boosting inflation. Meanwhile, continued supply chain disruptions, congested ports, logistical strains and strong demand for goods have added to these pricing pressures, particularly... Read More

Price increases: what will cost more in 2022

by on January 2, 2022 0
As the country continues to recover from the COVID-19 pandemic and lingering supply chain issues, Canadians are feeling the crunch at the checkout as prices continue to rise. Experts say this is a trend we can expect to continue well this year. From houses, to vehicles, to food; here’s a look at what’s... Read More

UN reports global food prices rose 30% last year

by on November 8, 2021 0
LONDON, England: Food prices have increased by 30% worldwide over the past year. United Nations officials have attributed the price hike to growing demand and less productive crops around the world. In October, food prices rose 3% from September, according to an index published by the Food and Agriculture Organization of the United... Read More

Thanksgiving food shortage and price hikes expected this year

by on October 29, 2021 0
HARLINGEN (ValleyCentral) – Supply shortages and price increases are happening across the country, including on this year’s Thanksgiving dishes. Shortages are seen at local grocery stores and restaurants, such as Golden Corral in Brownsville. “Shortage, we’ve been going through it since COVID arrived. It’s everywhere, you go to the store, things are running... Read More

McDonald’s, Kraft Heinz and Coca-Cola exceed profit expectations

by on October 27, 2021 0
Consumers ignored price increases at three of the world’s largest food and beverage companies, helping them strengthen their third quarter results. The Coca-Cola Company, McDonald’s and Kraft Heinz all posted better-than-expected quarterly profits on Wednesday, despite continuing challenges with the global supply chain and pandemic restrictions in many parts of the world. The... Read More

Explanation: How soaring gas prices in Britain could trigger food shortages in weeks – and why Ireland could be affected

by on September 25, 2021 0
As concerns about fuel and food shortages escalate in Britain this week, Independent.ie took a look at what exactly the situation is and what the possible ripple effects could mean for Ireland. What’s going on in the UK right now? Thousands of European truck drivers left the sector after Brexit, impacting the fuel... Read More

Energy prices, gasoline, rent and food: what explains the cost of living crisis in the UK?

by on September 24, 2021 0
Photo by Tadas Kazakevicius / Getty Images As the Bank of England’s Monetary Policy Committee announced yesterday (September 23) that it expects inflation to exceed 4% by the end of the year, the Joseph Rowntree Foundation has calculated that the Rising bills, skyrocketing prices and changes in government policy will cost low-income families... Read More

Nathan’s Famous continues its international expansion with a European push to offer hot dogs in France

by on September 22, 2021 0
JERICHO, NY – (COMMERCIAL THREAD) – Nathan’s Famous, Inc., the American tradition serving New York favorites for more than 100 years, announces a new collaboration with Tommy’s Diner, a 1950s American restaurant based in France, to bring its hot dogs in all over the country, making it the first time Nathan’s Famous has... Read More

Rising food prices are getting terrible

by on August 7, 2021 0
The economic appeal of staple foods is quickly fading. Food in Pakistan is more expensive today than in the past. Food is the necessity of life and citizens work hard for it. Every living being consumes to form energy and this energy is used in work. Just imagine that your prospect dish and... Read More