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Latest Economy of Africa Stories

2008-09-06 18:00:18

The era of falling food prices is over and households will have to get used to spending more of their budget at the checkout, experts said yesterday. A typical trolley of food has risen in price by 8.3 per cent since the beginning of the year, according to new figures.

2008-09-01 18:00:18

By MELVIN R. THOMPSON Anyone who has been to a supermarket lately knows that the price of food is going up. In fact, food prices are now rising at twice the rate of inflation, the fastest increase in nearly two decades.

2008-08-29 15:00:39

By PALMER, Rebecca SHOPPERS are turning away from cheddar cheese and butter as food prices continue to rise. The latest food price index figures, issued by Statistics New Zealand yesterday, show food prices climbed by 7.6 per cent in the year to July.

2008-08-29 12:01:02

By Aaron French MY LAST COLUMN discussed some of the ecological issues leading to the high food prices that we find at the grocery store, including droughts, floods and unusual weather patterns.

2008-08-29 09:00:46

By Andrew Downie Luciano Alves planted beans, corn and grain on about 3,000 hectares of his farm in southern Brazil last year. This year, he is planting 3,500 hectares. And he credits Brazil's president, Luiz Inacio Lula da Silva, with the increase.

2008-08-28 12:01:06

By STEVENSON JACOBS CUTLINES A customer looks at milk on display at JJ&F Market in Palo Alto, Calif. U.S. retail food prices have jumped nearly 6 percent this year -- triple the typical rate of inflation -- and the new prices tend to stick.

2008-08-28 12:01:06

To: RETAILING EDITORS Contact: Heather McElrath of Rabobank, +1-347-224-5102, heather.mcelrath@rabobank.com NEW YORK, Aug.

2008-08-28 06:00:52

By Andrew Downie Luciano Alves planted beans, corn and grain on about 3,000 hectares of his farm in southern Brazil last year. This year, he is planting 3,500 hectares. And he credits President Luiz Inacio Lula da Silva with the increase.

2008-08-27 03:00:45

By Morgan, Matthew The prices that Africa's commodities fetch in the world market have never been higher. Ironically, production problems, for example power shortages in South Africa, have served to raise prices even further.

2008-08-24 12:00:27

Text of report in English by opposition Sudanese newspaper Khartoum Monitor website on 24 August This has become an expensive commencement since some months ago the rise of prices on food commodities.


Word of the Day
dittany
  • An aromatic woolly plant (Origanum dictamnus) native to Crete, formerly believed to have magical powers.
The word 'dittany' may come from the name of Mount Diktē in Crete, where it was supposed to grow.
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