food prices News
Latest articles and news about food prices on AXL Media.
Latest Articles
- Shoprite’s Sixty60 Riders Earn R160 Million in Tips as US Targets SA Energy Sector
Published: Apr 19, 2026
Section: Africa
Shoprite’s Sixty60 platform reported that its delivery riders earned R160 million in tips during the latter half of 2025, highlighting the scale of South Africa’s growing on-demand...
- Luxembourg Inflation Spikes to 2.4% in March as Strait of Hormuz Crisis Triggers Surge in Energy Costs
Published: Apr 15, 2026
Section: Europe
Statec reports that Luxembourg's inflation rate nearly doubled from February's 1.3% to 2.4% in March 2026. The sharp uptick is attributed to global energy disruptions caused by the...
- Nigerian Agricultural Union Predicts Sharp Surge in Tomato Prices by May Following Seasonal Supply Disruptions
Published: Apr 10, 2026
Section: Africa
The Tomatoes Growers and Processors Association of Nigeria has issued a warning regarding an imminent price hike between May and June 2026. Experts attribute the looming scarcity t...
- California Restaurateurs Sound Alarm Over Sysco’s $29 Billion "Monopoly" Bid for Restaurant Depot
Published: Apr 9, 2026
Section: Companies & Industry
The independent restaurant community is urging federal regulators to block a proposed $29.1 billion merger between Sysco and Jetro Restaurant Depot. Industry advocates warn that th...
- World Bank Warns Nigeria Faces 3.1 Percent Inflation Spike as Global Oil Prices Surge
Published: Apr 8, 2026
Section: Africa
The World Bank issued a warning on April 8, 2026, stating that Nigeria's headline inflation could rise by 3.1 percentage points due to escalating global oil prices. This surge, tri...
- Singapore Convenes Ministerial Committee to Shield Economy from Middle East Energy and Supply Shocks
Published: Apr 4, 2026
Section: Asia
Coordinating Minister for National Security K. Shanmugam has activated the Homefront Crisis Ministerial Committee to manage inevitable price hikes and supply disruptions stemming f...
- South African Households Face Unprecedented Economic Strain as Global Fuel Shocks Drive Record Inflationary Pressures
Published: Mar 31, 2026
Section: Africa
Surging global oil prices and a weakening rand have triggered a severe cost of living crisis across South Africa, impacting food, transport, and air travel. The South African Reser...
- South African Inflation Hits 3% Target as Surging Food and Fuel Costs Threaten Impending Interest Rate Relief
Published: Mar 18, 2026
Section: Africa
South Africa’s annual inflation rate cooled to 3% in February, meeting the central bank's target, yet essential food items continue to rise at a faster pace than the overall cost o...
- Nigerian Analysts Warn of Imminent Inflation Rebound as Surging Energy and Food Costs Threaten Disinflationary Gains
Published: Mar 18, 2026
Section: Africa
Despite a marginal dip in Nigeria’s headline inflation to 15.06 per cent in February 2026, leading economic analysts and the Lagos Chamber of Commerce and Industry (LCCI) are warni...
- Inflationary Pressures Surge in Mykolaiv Region as Vegetable Prices Spike 14.5 Percent in February
Published: Mar 13, 2026
Section: Europe
Consumer prices in the Mykolaiv region rose by 1.4 percent in February 2026, driven by significant increases in the cost of vegetables, fruit, and transport services. While staple...
- Germany’s Inflation Rebounds to 2.1% in January as Rising Food Prices Pressure Households
Published: Feb 17, 2026
Section: Markets
Germany's annual inflation rate rose to 2.1% in January 2026, up from 1.8% in December. Data from the Federal Statistical Office (Destatis) confirmed that higher costs for food and...