Residents received 5 kilograms of Food Supply and Price Stabilization Program (SPHP) rice (MI/Ramdani) THE GOVERNMENT will try to maintain the stability of prices of basic commodities during Ramadan and Eid al-Fitr 2024. This is because food prices generally experience spikes during that period. “We are trying (to control prices) as best as possible. Including … Read more
2023-12-11 08:05:00 Data from the National Bureau of Statistics showed that the CPI fell by 0.5% year-on-year in November, with negative growth for two consecutive months, falling by 0.5% month-on-month; the PPI fell by 3% year-on-year, turning from flat to month-on-month, falling by 0.3%. The core CPI, which excludes food and energy prices, rose 0.6% … Read more
2023-10-25 13:20:27 Your little chocolate moment could cost you more soon. Chocolate and chocolate product professionals are experiencing an increase in production costs. In question ? The rise in the price of cocoa, the raw material used in the production of products, reports BFMTV. The futures contract for a tonne of cocoa reached 3,786 dollars … Read more
2023-09-04 06:52:24 Rains forecast for swathes of India this month should limit the damage to crops after a delayed monsoon and parched August, leaving the world’s most populous nation with sufficient supplies, the food ministry’s top bureaucrat said. Rising food prices have been a major headache for Prime Minister Narendra Modi’s government, prompting aggressive moves … Read more
2023-08-30 07:08:36 The Reserve Bank of India must ensure there’s no spillover from the surge in food prices, two monetary policymakers said, as the odds for a rate hike begin to build with inflation at a 15-month high. The central bank is targeting to keep inflation between 2% and 6% but the consumer price index … Read more
Rising inflation in the country has increased the number of Swedes who are unable to feed their children. According to Russia Today, Marie Björklund, a spokeswoman for the Karlstad Charitable Association, told TV4: “We notice that more people are turning to us, especially those who have never had to seek help before, but have found … Read more
Summary [FAO Chief Economist: The Food Crisis Caused by the Russian-Ukrainian Conflict May Last Until Next Year]On the 3rd local time, the Food and Agriculture Organization of the United Nations (FAO) released the May food price index, showing that although the food price index fell in May, wheat and poultry Meat price index rose. Torrero, … Read more
On May 13, local time, the Indian government announced that the country’s domestic wheat prices reached an all-time high due to persistent high temperature weather leading to reduced wheat production. To safeguard domestic demand, India will immediately ban wheat exports. But the country will still allow some exports to fulfill existing contracts and provide support … Read more