Food Prices

South African Food Producers Warn Of Higher Prices As Infrastructure Crumbles

South African food producers, among the biggest on the continent, are spending hundreds of millions of rand mitigating prolonged rolling power blackouts, w...

German Retailers Face Slump In Sales In Real Terms In 2023: HDE

German retailers expect to bring in 4% less sales income this year than last in real terms as inflation remains stubborn, the HDE retail association said,...

Britain's Ocado Follows Rivals In Cutting Some Prices

British online supermarket Ocado Retail has followed rivals by cutting prices of some essential items, adding to hopes a surge in food inflation will moder...

UK's Surging Shop Price Inflation Slows In June: BRC

British shop price inflation slowed this month, offering a bit of respite for households hit by a surge in the cost of living and higher borrowing costs, a...

Carrefour Cutting Prices On 500 Products In France

Food retailer Carrefour started cutting prices this week by around 10% on average on some 500 products to help French shoppers cope with high cost of livin...

M&S Lowers Or Freezes Price Of More Than 200 Food Products

Britain's Marks & Spencer on Monday became the latest supermarket to cut food prices, adding to signs that a surge in inflation is set to abate.

Belgian Government Orders Food Industry To Lower Supermarket Prices

The Belgian Federal Minister for the Economy, Pierre-Yves Dermagne, has given a mid-July deadline for food producers to bring down supermarket food prices.

Hungary Aims To Curb Inflation Well Below 10% By End Of 2023: Orban

Hungary aims to curb the European Union's highest inflation rate from levels exceeding 20% to well below 10% by the end of the year, Prime Minister Viktor...