Food Prices

New Zealand Food Prices Surge, Q1 Inflation Awaited As Another Rate Hike Expected

New Zealand food prices surged in March as flash floods and a cyclone this year jacked up fruit and vegetable prices, with economists expecting first quart...

Portugal's Finance Minister Anticipates Significant Inflation Drop In April

Portugal's inflation is expected to decelerate significantly this month, with prices of final products benefiting from lower energy and commodity prices, f...

World Food Prices Fall For 12th Month Running In March – FAO

The United Nations food agency's world price index fell in March for a 12th consecutive month, and is now down 20.5% from a record high hit one year ago fo...

Allegro Eyes Higher First Quarter Profit, Shares Rise

Poland's biggest e-commerce platform Allegro said it expects core earnings to rise in the first quarter as it focuses on cost control, sending its shares u...

NorgesGruppen Plans To Achieve Climate Neutrality By 2030

NorgesGruppen has announced plans to use less electricity and more renewable energy in order to be be climate neutral by 2030.

Discounters Surge As Grocery Price Inflation Hits 17.5% In UK: Kantar

Grocery price inflation in the UK hit 17.5% over the four weeks to 19 March, new data from Kantar has shown, with take-home grocery sales rising by 8.6% ov...

Food Prices Push UK Shop Price Inflation To New High, Says BRC

Soaring food prices pushed annual inflation in British shops to its highest in at least 18 years in March, industry data has shown.

Portugal's Sonae Profit Buoyed By One-Off Gains Despite Retail Margin Squeeze

Sonae, owner of Portugal's largest food retailer, on Thursday reported a 21% jump in fourth-quarter net profit as one-off capital gains more than offset th...