food prices
Stories tagged “food prices”
Nigeria 90-day economic plan targets food affordability
The National Economic Council backs a Finance Ministry plan with five priorities and a single-digit inflation goal for 2027. Food inflation stood at 19.59% in September.
Global food inflation set to accelerate into 2027, FAO warns
The FAO's chief economist expects the biggest impact from the end of this year and through 2027. Flour, rice, frying oil and sugar lead the rise, the staples restaurants find hardest to reprice.
Nigeria food inflation: food prices fall 1.55% in September
Headline inflation eased to 14.63%, a third monthly decline, while the annual food rate barely moved. In Lagos markets, maize and pepper got cheaper and tomatoes dearer.
Philippine inflation hits 7.2% as rice and vegetables surge
Consumer prices rose 7.2% in September, the fastest since March 2023. Rice is up 20.3% on the year, and the Department of Agriculture has earmarked 45 billion pesos for El Niño.
FAO Food Price Index hits highest level since November 2022
Cereals, sugar and vegetable oils pushed the index up for a third month in September, while meat slipped and dairy held flat. Wheat jumped 6.3 percent in a month.
Philippines rice imports shift to broken grains
Manila's ban on premium 5% broken rice is pushing importers toward lower grades, just as China's feed mills compete for the same broken kernels.
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