Wednesday 19 June 2013
 
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Food prices

Cereals production seen up, to weigh on food prices

A projected rebound in global wheat and maize production this year will weigh on food prices but strong demand will prevent prices falling far from high levels, the United Nations food agency said on Thursday. Maize production is

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Food prices rise third straight month in April

Global food prices rose in April for a third straight month as surging dairy costs kept upward pressure on the United Nations food agency's index, but cereal output is expected to be strong this year. Food prices spiked during

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Food prices could rise again in 2013

Global food prices eased slightly in the second half of 2012, in part due to good harvests in the southern hemisphere, but prices remain high and could increase further in 2013, a report said. Global food prices eased slightly in

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Food prices to stay high in 2013 says UN

Food prices will stay at high levels in 2013 and low stocks pose the risk of sharp price increases if crops fail, the United Nations' food agency said on Thursday, after its index showed prices fell for the third month running in December.

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Sudan inflation hits 46pc in Nov on food prices

Sudan's annual inflation rate rose to 46.5 per cent in November from 45.3 per cent in October, driven by a jump in food prices such as meat and sugar, official data showed on Sunday. Prices have soared in Sudan since South Sud

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World food prices rise, stay close to crisis levels

World food prices rose in September and are seen remaining close to levels reached during the 2008 food crisis, the United Nations' food agency said on Thursday, while cutting its forecast for global cereal output. The worst d

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G20 plans response as food prices soar

The Group of 20 countries are planning a meeting to co-ordinate a response to surging food prices, the Financial Times reported on Monday, as the worst US drought in more than half a century devastates crops, lifting grain prices to record highs

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Dubai deflation eases in May, food prices jump

Deflation in Dubai eased to its lowest annual rate in four months in May, data showed, dipping to 1.2 per cent to extend the emirate's longest period of price declines since inflation hit a record 10.8 per cent in 2008. Month on month pric

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Kuwait April inflation at 4-month low

Kuwait's annual inflation eased to a four-month low of 3.3 percent in April and prices fell on a monthly basis for the first time in more than a year due to a drop in food prices, state news agency Kuna's data showed on Thursday. Inflation

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Global food prices on the rise again

Global food prices are rising again, pushed higher by costlier oil, strong demand from Asia and bad weather in parts of Europe, South America and the US, the World Bank said on Wednesday. The latest World Bank food price index showed the c

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