Tag

Food Prices

All articles tagged with #food prices

economy13 days ago•335 min saved

July CPI shows inflation easing to 3.4% as energy and food costs drift lower

U.S. inflation cooled to 3.4% in July as gas and grocery prices eased, with the CPI up 0.1% month over month. Shelter costs rose just 0.1% and food prices fell 0.1%, while the core CPI increased 0.2% to an annual 2.5%. Despite the cooler readings, economists warn price pressures persist in services and energy, and a softer inflation backdrop could influence Fed rate expectations, which fell to about a 38% probability of a September hike as stocks nudged higher.

via CNN|

#cpi #economy #food-prices

politics28 days ago•1 min saved

NYC Eyes 30% Off Groceries in City-Run Stores Across Boroughs

New York City Mayor Zohran Mamdani proposes city-run grocery stores in every borough offering a 30% discount on staples like produce, meat, seafood, bread, milk and eggs, aiming to save the average shopper about $1,000 annually. Discounts would reset monthly; two locations are planned in the Bronx and East Harlem, with the city covering rent, maintenance and property taxes while a private operator handles stocking and management. The move responds to rising food costs and inflation since the pandemic.

via The Washington Post|

#affordability #city-run-groceries #food-prices

business1 month ago•26 min saved

New York City Fourth of July BBQ costs near $300 as inflation bites

Shoppers in NYC will spend about $295 on a 10-person July 4th barbecue, up 31% from $232 last year, as prices for beef patties, hot dogs, cheese, beer, ketchup and tomatoes surge due to drought, tariffs and higher transport costs, adding about $63 to the typical cookout.

via New York Post|

#bbq #business #food-prices

lifestyle2 months ago•45 min saved

Panera Price Spike Goes Viral as $71 Lunch Sparks Online Debate

A video posted on X showing a Panera order totaling about $71.62 for two soups and three sandwiches sparked widespread online chatter about rising restaurant prices and corporate cost-cutting, with commenters blaming inflation and Panera’s ownership changes since its 2017 sale; the Daily Dot could not independently verify the clip.

via Yahoo|

#consumer-reaction #food-prices #lifestyle

business2 months ago•3 min saved

Panera $71 Bill Sparks Viral Debate on Rising Food Prices

A video showing a $71.62 Panera bill for two soups and three sandwiches has ignited a social-media debate over rising food costs, with critics blaming price hikes and cost-cutting tied to private-equity ownership, and discussions continuing about Panera’s pricing trends and changes in menu portions.

via The Daily Dot|

#business #food-prices #online-reaction

business2 months ago•78 min saved

Protein boom tightens whey supply as manufacturers rush to add protein

Rising demand for high-protein foods—fueled by GLP-1 weight‑loss drugs and consumer interest—has strained whey supplies, causing shortages and higher prices; Now Foods has raised whey prices and is cutting discounts, while Glanbia and Agropur are expanding production (Glanbia in New Mexico by 2027; Agropur at several plants) in an effort to calm the gap, though relief is likely months to years away.

via AP News|

#business #food-prices #glp-1-weight-loss-drugs

world2 months ago•12 min saved

Banking outages hit Iran as prices soar and families struggle to survive

Iran experienced widespread disruptions to bank card services across major lenders, with failed payments, blocked transfers and issuer errors seen at ATMs and POS devices. This financial strain comes amid soaring inflation that has sent prices for staples like milk, oils, eggs and meat into double digits, forcing households to rely on cheaper foods and cut meals. Many families report surviving on basic staples like potatoes, onions, bread and cheese, while teenagers describe shrinking opportunities and growing anxiety about the future. The report also notes broader concerns about militarization, including the continued use of minors in security activities.

via ایران اینترنشنال|

#banking-disruptions #food-prices #inflation

business2 months ago•15 min saved

Tomatoes Take Center Stage in America’s Price Crunch

Rising grocery costs tied to inflation are making tomatoes a visible symbol of the American affordability squeeze, as shoppers encounter higher prices at supermarkets.

via AP News|

#business #cost-of-living #food-prices

science4 months ago•4 min saved

U.S. Faces Record Drought, Elevating Wildfire, Water and Food-Price Risks

Record drought grips the continental U.S. with 61% of the Lower 48 in moderate to exceptional drought and near-total dryness in the Southeast, driven by a March drought peak and historically low snowpack in the West; experts warn this could worsen wildfire seasons, strain water supplies, and push up food prices as crop yields may falter, with El Niño forces and climate change amplifying the trend.

via CBS News|

#climate-change #drought #food-prices

environment4 months ago•15 min saved

US confronts record drought fueling higher food prices, wildfires and water strain

A record drought across the United States is driving up food prices, increasing wildfire risk, and straining water supplies, highlighting broad impacts on agriculture, communities, and daily life.

via AP News|

#climate-change #drought #environment

world4 months ago•3 min saved

Hormuz disruption could spark global food shock, FAO warns

The FAO warns that a prolonged blockage of the Strait of Hormuz could trigger a global food crisis as fertilisers and other key inputs from Gulf producers depend on sea transit through the chokepoint; currently high stocks keep prices from spiking, but a sustained disruption could raise fertiliser and energy costs, push up commodity prices, and hit poorer countries hardest, underscoring the urgency of a ceasefire and resumed shipping.

via Al Jazeera|

#fao #fertilisers #food-prices

business5 months ago•4 min saved

NFU warns UK food prices could rise as Iran conflict lifts energy and fertiliser costs

The National Farmers’ Union warns UK food prices are likely to rise over the coming weeks to months as the Iran conflict drives up fuel, fertiliser and energy costs. Glasshouse crops such as tomatoes and cucumbers are most immediately affected, with broader farming costs potentially passed on to shoppers. Ministers will discuss the impact at Cobra next week as the cost of living and inflation remain on the agenda.

via BBC|

#business #energy-and-fertiliser #food-prices

world5 months ago•6 min saved

Eid Sweets Rise From Gaza's Rubble: A Kitchen Keeps Traditions Alive

In Gaza City, 60-year-old Samira Touman and her daughters bake traditional Eid cookies in a partially ruined home, using a wood-fired oven due to gas shortages, while high ingredient prices and border closures squeeze budgets; they sell to neighbors and online to earn extra income, reflecting on lost pre-war comforts and hoping for more stable conditions as Eid approaches.

via Al Jazeera|

#eid-al-fitr #food-prices #gaza

business5 months ago•4 min saved

Iran conflict looms over global food prices through fertilizer disruption

The Iran conflict is disrupting shipping through the Strait of Hormuz, hindering access to key fertilizer inputs like ammonia and urea and risking higher global food prices as fertilizer costs rise and the supply chain tightens ahead of spring planting; US farmers already face uncertain shipments and higher diesel costs, signaling potential impact on crop yields and grocery costs if disruptions persist.

via NBC News|

#business #fertilizer #food-prices

world5 months ago•12 min saved

Hormuz Blockade Could Spark a Global Fertiliser Crunch

A disruption of the Strait of Hormuz could curb fertiliser (ammonia/urea) and LNG flows, triggering a global fertiliser price shock that threatens crop yields and food security for months or years as farmers face higher costs and tighter supplies.

via The Conversation|

#agriculture #fertiliser #food-prices