Tag: food prices

Wednesday, June 22nd 2022 - 10:44 UTC
More poverty and misery ahead for most Argentines as food prices soar

An Argentine household needs a monthly income of at least 100,000 Pesos equivalent to US$ 781 at the official rate, (128 Pesos to the dollar) or US$ 454 (free market, 220 Pesos to the dollar) to remain just above the poverty line, according to the latest estimate from the government's Stats Office, Indec.
Saturday, May 28th 2022 - 10:00 UTC
Thirty five countries have restricted exports to help domestic consumers but global prices have soared

At least thirty five countries have restricted exports of agricultural commodities in the last two years because of the Covid 19 pandemic and more recently, the explosion of prices as direct consequence of the Russian invasion of Ukraine and the overall instability in markets.
Thursday, May 12th 2022 - 10:10 UTC
Brazil consumer prices increased 1.06% in April and 12,13% in twelve months

Consumer prices in Brazil increased 1.06% from March, the fastest rise for the month of April since 1996, the Brazilian Institute of Geography and Statistics, or IBGE, said on Wednesday. Prices rose 12.13% from a year earlier, the fastest pace since 2003. In March, prices rose 1.62% from February and increased 11.30% from a year earlier. Again food and transport had a decisive impulse.
Monday, January 10th 2022 - 09:28 UTC
World food prices in 2021 remained 28,1% higher than in 2020, FAO report

World food prices fell slightly in December as international prices for vegetable oils and sugar fell significantly from lofty levels, the Food and Agriculture Organization of the United Nations, FAO, reported.
Monday, June 7th 2021 - 20:03 UTC
Food prices in May soared to its highest in a decade, FAO report

FAO – Global food prices rose in May at their fastest monthly rate in more than a decade, even as world cereal production is on course to reach a new record high, the Food and Agriculture Organization of the United Nations (FAO) reported.
Thursday, January 28th 2021 - 09:37 UTC
Argentine traders and millers discussing options to avoid a ban on wheat exports

Argentina is worried about domestic food prices and inflation, and as it happened a few weeks ago with an attempt to ban corn exports, a similar situation apparently is happening with wheat, and the different actors involved are working on measures aimed at securing the wheat supply and reasonable bread and pasta prices.
Wednesday, January 13th 2021 - 09:11 UTC
Brazilian 2020 inflation 4,5%, but food prices skyrocketed 14,1%

Inflation in Brazil ended 2020 at 4,5% the stats agency IBGE revealed on Tuesday, above the central bank's target, with food prices rising, 14,1%, the most in two decades.
Monday, September 14th 2020 - 11:19 UTC
China's impact on poor Brazilians: prices of staples skyrocket, black beans 30%, rice 20%

Black beans are up nearly 30%, beef about 40% – Brazilians are facing a skyrocketing rise in food prices, caused by record exports to China and strong domestic demand. This rebound, amid the economic and social crisis caused by the new coronavirus pandemic, has led the president, Jair Bolsonaro, to ask the owners of supermarkets to show “patriotism” and “keep their profit margin as low as possible”.
Monday, October 7th 2019 - 09:48 UTC
Ecuador in turmoil: shopkeepers arrested for raising food prices while street clashes continue

Ecuadorean authorities began arresting shopkeepers for raising food prices as indigenous groups clashed with security forces on Sunday in the fourth day of protests against President Lenin Moreno's austerity measures.
Tuesday, August 6th 2013 - 03:05 UTC
Inflation in Uruguay remains ever so far from the Central bank annual target

Consumer prices in Uruguay during July increased 0.77% while twelve-month inflation reached 8.75%, which is the highest since last February, and well ahead of the 8.21% to June, according to the latest release from the country’s National Stats Institute, INE.