Jan 05 Inflation rose last month in Europe, could keep rising after months of decline By David McHugh, Associated Press European Central Bank President Christine Lagarde warned that inflation could tick up in coming months, taking a detour from its recent downward path. Continue reading
Nov 22 Watch 7:01 More American families rely on food banks as high prices squeeze budgets By Fred de Sam Lazaro, Sam Lane, Christine Romo, Sam Weber There's been some good news of late when it comes to inflation. Data from the federal government last week showed inflation eased through October. And according to the Farm Bureau, the average cost of a Thanksgiving dinner actually decreased slightly… Continue watching
Nov 19 Sugar sees global price hike after crops in Asia hit by dry weather tied to El Nino By Aniruddha Ghosal, Chinedu Asadu, Associated Press Sugar worldwide is trading at the highest prices since 2011, mainly due to lower global supplies after unusually dry weather damaged harvests in India and Thailand, the world's second- and third-largest exporters. Continue reading
Aug 04 Global food prices rise after Russia ends Ukraine grain deal and India restricts rice exports By Associated Press Commodity prices have been falling but the trade restrictions and grain deal's demise threaten to increase food insecurity and the prices people pay to eat in developing nations. Continue reading
Mar 13 UN seeks extension of deal with Russia that allows food, fertilizer export from Ukraine By Jamey Keaten, Karl Ritter, Associated Press Senior U.N. officials are hosting Russian envoys in Geneva in a bid to extend an export agreement amid the war with Ukraine and prevent a potential new spike in world food prices. Continue reading
Mar 01 Egypt struggles with troubled economy due to Ukraine war By Samy Magdy, Associated Press Egypt is in an economic crisis worsened by the Russian invasion of Ukraine. Continue reading
Dec 19 Restaurants anxious as omicron, high food costs take toll By Dee-Ann Durbin, Mae Anderson, Sylvia Hui, Associated Press Many businesses said hundreds of festive corporate lunch bookings vanished almost overnight as infections began to soar and Johnson announced tighter restrictions, including mandatory mask-wearing in most indoor spaces, though restaurants are open as usual. Continue reading
Nov 28 Watch 7:41 How inflation, climate change and energy costs are pushing up food prices By PBS NewsHour In the US, inflation is now above six percent, and globally, food prices are at their highest since 2011. Climate change, energy demands and inflation are causing shortages and driving up costs in some of the poorest nations. Wall Street… Continue watching
Jul 16 Consumer Prices Rise at Fastest Rate Since '82 By Admin, PBS News Hour The Labor Department reported Wednesday that consumer prices jumped 1.1 percent in June, marking the fastest rise in more than a quarter century and fueling further concerns over inflation levels in the jittery U.S. economy. Continue reading
May 29 Food Prices Will Likely Remain High, Report Warns By PBS News Hour Declaring cheap food a thing of the past, officials said in a report released Thursday that world food prices are likely to fall from their current levels in the years ahead but will stay "substantially above" average costs from the… Continue reading