Main inflation, which strips out unstable food items and electricity costs, slowed to 6 per cent above the 12 months, an indication that selling price increases are slowing broadly.
In April, Kimberly Hart made a resolution to lose some weight on the advice of her doctor. Hart, who is 61 and lives in New Haven, Connecticut, has high blood pressure and cholesterol. These factors, combined with her age and weight, put her at an elevated risk for developing
Whatever the cause(s) of inflation in food prices—economic crisis, supply chain chaos, the disruptions of war, corporate profiteering—the effects can be quite grim. Especially amongst the poor. And especially amongst the poorest of the poor.
McDonald’s and Chipotle Mexican Grill say customers squeezed by inflation are choosing cheaper menu items and visiting their restaurants less often, signaling trends that could be hitting the broader restaurant industry.
The two companies were among the first restaurant chains to report their second-quarter results. Wingstop, Starbucks and Taco Bell
As inflation surges around the world, politicians are scrambling for ways to keep food affordable as people increasingly protest the soaring cost of living.
One knee-jerk response has been food export bans aimed at protecting domestic prices and supplies as a growing number of governments in developing nations try to
India has banned wheat exports as the price of grain surged this year due in part to the Russia-Ukraine war.
T. Narayan | Bloomberg | Getty Images
India has banned wheat exports, becoming the latest country to do so as the price of grain surged this year due in part
- Federal officials earlier this month said inflation hit a 40-year high and the consumer price index jumped 8.5% annually. For those who were already struggling, the rapid increases are forcing even tougher choices
- Ban ‘totally unexpected’ – India trade group
- U.S. urges cooperation rather than export bans
- Indonesian govt under pressure to control cooking oil prices
- Global prices at records this year after Indonesian curbs
- Edible oils markets roiled by Ukraine conflict; few replacements
JAKARTA, April 22 (Reuters) – Indonesia, the world’s top
On a chilly Tuesday afternoon this month, James Marsh stopped by a Chipotle near his suburban Chicago home to grab something to eat.
It had been a while since Mr. Marsh had been to Chipotle — he estimated he goes five times a year — and he stopped cold when
DUBAI, Aug 26 (Reuters) – A senior United Arab Emirates official held talks with Qatar’s emir in Doha on Thursday in the first such visit in four years following this year’s deal to end a bitter dispute.
National Security Adviser Sheikh Tahnoun bin Zayed al-Nayhan, a brother of the UAE’s