Latest Economy of Africa Stories

BEIJING, Nov. 11 /PRNewswire-Asia/ -- Frbiz.com (http://www.frbiz.com ), one of China's leading B2B search platforms with more than 30 B2B industry websites to its name, reports agricultural products prices decline. With winter coming, Frbiz's analyst find that agricultural market prices over the previous week decreased by 0.1 percent; capital goods prices rose 0.3 percent over the previous week. Of 57 kinds of major consumer agricultural products, the prices have declined...

The Producer Price Index for finished goods in the United States rose 1.7 percent in August, the Bureau of Labor Statistics reported Tuesday. The price advancement follows a 0.9 percent decline in July. In June, prices rose 1.8 percent. The index has swung up and down. Through August, prices rose in five months of 2009 and fell in three. In August, core prices, which exclude energy and food items, rose 0.2 percent after falling 0.1 percent in July. Energy prices in August rose 8 percent,...

The booklet is based largely on insights from two academic experts on food pricing - Dr. Steven Cummins, of Queen Mary, University of London, and Professor Derek Oddy, Emeritus Professor of Economic and Social History at the University of Westminster - for a public policy seminar organized by the ESRC for the Food Standards Agency.Dr Cummins draws on his research with Professor Sally MacIntyre, of the Medical Research Council, Social and Public Health Sciences Unit, Glasgow, and Dr Dianna M...

Farmers in ventral Canada say despite rising food prices, they aren't seeing income gains. Agricultural groups in the provinces of Alberta, Saskatchewan and Manitoba released a survey showing food prices rose 3.2 percent on an annual basis compared with 2008, yet farmers' incomes fell by 1.7 percent, the Edmonton Journal reported Friday. The exceptions went to grain and dairy farmers, who saw more profits, the survey revealed. Meat and vegetable farmers took the hardest hit, the survey...

The Producer Price Index for finished goods in the United States fell nearly 1 percent in July, the Bureau of Labor Statistics reported Tuesday. The 0.9 percent drop in prices follows gains of 1.8 percent in June and 0.2 percent in May, the bureau said. Core prices, which exclude energy and food items, shrank 0.1 percent after rising 0.5 percent in June. Energy prices in July fell 2.4 percent, while food prices for producers dropped 1.5 percent. The figures may concern policy makers keeping...

The Producer Price Index for finished goods in the United States rose slightly in May, the Bureau of Labor Statistics reported Tuesday. The PPI rose 0.2 percent during the month, an indication inflation was still in check. Core prices, which exclude energy and food items, shrank 0.1 percent, as energy prices rose a less-than-expected 2.9 percent and food prices fell 1.6 percent. In the past 12 months, prices for finished goods have fallen 5 percent, the bureau said. Finished energy goods...

Wholesale prices rose by 0.13 percent in India with inflation pushed by rising food prices, the Press Trust of India said. Prices for milk, wheat and spices rose 1 percent in a weekly survey ending April 25. Rising prices for sugar, vegetables and cereal may provide fodder for opposition politicians in the country's elections, the Press Trust said. In the past 12 months, cereal prices have gone up 11 percent. The prices for pulse "“ a leguminous grain "“ rose 14 percent. Fruit and...

Higher food and shelter costs drove Canadian consumer prices up 1.2 percent in March on an annual basis, Statistics Canada reported from Ottawa Friday. Food prices rose 7.9 percent during the 12-month period on the heels of a 7.4 percent rise in February. It was the largest jump since November 1986, the federal agency said. A 12-month price increase of 54.9 percent for potatoes pushed up vegetable prices, the report said. This occurred largely as a result of poor harvests in Canada that led...

ZURICH, Switzerland, April 6 /PRNewswire/ -- An Urgent Call to Action by "The Humboldt Forum for Food and Agriculture" International Press Conference (incl. telephone conference, audio webcast) 16 April 2009, 3 PM CET Hotel Maritim proArte Friedrichstrasse 151 Berlin, Germany In response to the growing threat of global malnutrition and food insecurity, the recently established Humboldt Forum for Food and Agriculture (HFFA) - a unique group of...

The Consumer Price Index increased 0.3 percent in January after falling for three consecutive months, the U.S. Department of Labor said Friday. The increase came in as economists predicted and will be seen as good news for those who fear falling prices that tend to stall the economy. Core inflation, taking out the influences of food and energy costs, rose 0.2 percent in the month. Energy costs rose 1.7 percent, with gasoline rising 6.0 percent for the month. Food prices also gained slightly,...