Many Canadians are puzzled by food prices remaining high despite the Bank of Canada’s efforts to curb inflation. If interest rate policies aren’t bringing food prices down, then what will?
In October, Loblaw announced a price freeze on one of its in-store brands through a letter from Loblaw Companies chair and president Galen Weston. The promotion ended on Jan. 31.
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Inflation is driving up food prices and could have a severe impact on the health of Canadians. When the cost of food increases, it restricts the availability of nutritious foods for low-income people.
Things are not rosy for Nigerians as food prices keep rising.
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Soaring inflation in the US has been driven in part by large increases in the price of groceries – a burden that falls disproportionately on lower-income families.
Fed Chair Jerome Powell is hoping to orchestrate a very delicate dance.
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High food prices are exposing yet another risk of our hyper-concentrated global food system and strengthening the case for more diversified and decentralized alternatives.
Food inflation is hitting people across the board in multiple countries.
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The consumer price index, which measures everything from the price of peanut butter to gasoline, jumped at an annualized pace of 8.5% in March 2022 as inflation continued to accelerate.
There is a strong possibility that market disturbances related to the conflict in Ukraine could push grocery prices in Canada even higher than originally predicted.
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Grocers must find a way to add value and affordability for consumers.
Threatened by insecurity, Nigerian farmers are increasingly abandoning their land, adding to food inflation.
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The rising cost of groceries and gas is fueling the fastest increase in consumer prices in 40 years and widening the inflation gap between the rich and poor.
The World Bank says Nigeria’s surging inflation had pushed an estimated seven million citizens below poverty line in 2020.
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Food inflation figures in Nigeria give cause for concern. Accusing fingers are pointed at rising dollars, farmers and middlemen, but this expert says the can may have been placed on the wrong heads.
Buying enough groceries with government benefits is getting easier.
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Long-term increases like this are unusual. So is the fact that this increased governmental generosity began with a measure approved by Congress when Republicans held majorities in both chambers.