Latest Economy of Africa Stories
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.
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.
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.
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.
ZURICH, Switzerland, April 6 /PRNewswire/ -- An Urgent Call to Action by "The Humboldt Forum for Food and Agriculture" International Press Conference (incl.
The Consumer Price Index increased 0.3 percent in January after falling for three consecutive months, the U.S.
Canada's consumer price index rose 1.1 percent in the 12 months to January, kept partially in check by lower gasoline prices, Statistics Canada said Friday. The gain follows a 1.2 percent increase in December and the federal agency said the rate of change has been slowing since September. Gasoline prices in January 2009 were 23.5 percent below the level in the same month in 2008, StatsCan said, adding overall energy prices fell 10.9 percent in January. Food prices, particularly bakery, cereal...
The Producer Price Index for finished goods in the United States fell 1.9 percent in December, pushed by falling energy prices, the government said Thursday. Prices paid by producers rose 0.2 percent with food and energy prices taken out of the picture.
U.S. producers paid 2.2 percent less for finished goods in November, the U.S. Labor Department said Friday. November's price declines follow a drop of 2.8 percent in October and 0.4 percent in September.