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In April 2024, the U.S. Consumer Price Index for All Urban Consumers (CPI-U) rose by 0.3%, according to the Bureau of Labor Statistics. This follows a 0.4% increase in March, contributing to an overall year-on-year increase of 3.4%. - The indexes for shelter and gasoline were the primary contributors to the monthly increase, accounting for over 70% of it. - Food prices remained steady, with a 0.2% decrease in the 'food at home' index, but a 0.3% increase in the 'food away from home' index over the month. - The index for all items excluding food & energy also increased by 0.3% in April. Source: https://lnkd.in/eMBVijz #EconomicTrends #ConsumerPriceIndex

NISR reports that several categories contributed to the annual increase in urban prices. Transport prices saw the largest increase, rising by 17.9%, primarily driven by higher fuel costs and transport services. The Food and Non-Alcoholic Beverages category experienced a 6.0% increase, with significant price surges in meat (25.4%) and milk, cheese, and eggs (14.6%). https://lnkd.in/dG_7NMkq

Over the year ended November 2024, the Consumer Price Index for All Urban Consumers increased 2.7 percent (not seasonally adjusted). Food prices were 2.4 percent higher than a year earlier, and energy prices were 3.2 percent lower. Prices for all items less food and energy rose 3.3 percent over this 12-month period.

The National Institute of Statistics #INS revealed in a press statement issued today, Monday, May 6, 2024, an increase in food prices, on an annual basis, by 9.2 percent, mainly driven by a 35 percent increase in coffee prices, a 25.5 percent increase in lamb prices, a 21.4 percent increase in edible oil prices, a 17.4 percent increase in spice prices, a 14.3 percent increase in beef prices, and a 12.1 percent increase in fresh fish prices. Manufactured goods prices for April 2024 saw a 7.1 percent increase, driven by a 9.8 percent increase in clothing and footwear prices and a 9 percent increase in cleaning supplies prices. The Institute attributed the 5.6 percent increase in service prices to a 10.4 percent increase in restaurant, café, and hotel prices, and a 9.3 percent increase in health services prices. #tunisia #ECONOMY #INFLATION #Tunisia #FoodPrices #Inflation #Economy #Statistics #PriceIncrease #CoffeePrices #LambPrices #OilPrices #SpicePrices #BeefPrices #FishPrices #ManufacturedGoods #ClothingPrices #FootwearPrices #CleaningSupplies #ServicePrices #RestaurantPrices #CafePrices #HotelPrices #HealthServices #EconomicNews

A significant decline in inflation was observed in vegetables, pulses and products, sugar and confectionery, personal care and effects, cereals and products India’s retail inflation rate, measured by the consumer Price Index, for December stood at 5.2 per cent, showing a slight dip from 5.5 per cent in November on the back of of a notable drop in price of key food items including vegetables, pulses, sugar and cereals, government data showed on Monday. Despite the moderating print, economists remained divided over the policy rate cut. Read more: https://lnkd.in/gEFqDq_u #TheFinancial #News

"Retail food inflation ruled above 8% for eight straight months from November 2023 to June 2024. That year-on-year increase, in the official consumer food price index (CFPI), fell to 5.4% in July, from 9.4% the month before. The sharp decline, though, is a statistical illusion, stemming from a high “base” inflation of 11.5% in July 2023. The monthly CFPI rise (July 2024 over June 2024), at 2.8%, translates into an annualised inflation of 33.8%!" https://lnkd.in/gzU9--ny

Figures released today showed that falling food prices helped keep overall inflation to the target 2% However UK core inflation is still running at an uncomfortable 3.5%, above rates seen in other countries. What does this mean for the consumer? check out #Deloitte's latest Food Frugality Index to find out how people in the UK are adapting their behaviours: - Frugality among surveyed UK consumers dropped in June, led by fewer consumers saving by reducing food waste - The number of consumers expecting higher grocery prices next month stood at 55%,17 pp below the same month last year Justin Cook #food #grocery #inflation #consumer #consumerbehaviour  

#BSEditorial | Consumption basket The HCES data not only points to a secular decline in the share of food items in the spending basket, but also reveals a shift in the composition of food expenditure itself https://mybs.in/2dYtoNA

ChickenFacts brings you the latest inflation statistics and insights on what to expect as we prepare to bid farewell to 2024. #christmas #festiveseason #poultrysouthafrica #foodinflation https://lnkd.in/dP77tg7K

In April 2024, Canadian inflation showed signs of cooling, with the Consumer Price Index (CPI) rising by 2.7% year-over-year. This deceleration was driven largely by a slowdown in food prices, services, and durable goods. Food (including Fresh Fruit and Vegetables) prices had peaked at 10% last year, were up only 2.3% in April 2024, a good decline from 3.0% in March. Several factors contributed to this trend. Improved supply chain conditions and better weather in key agricultural regions helped stabilize prices. Despite these improvements, the overall cost of groceries remains a concern for many Canadians, as high transportation and labor costs continue to impact prices at the retail level. Canadian Produce Marketing Association (CPMA) has responded to the rising costs by introducing resources to help consumers manage their grocery budgets. Their “Half Your Plate” program offers practical advice on incorporating more fruits and vegetables into meals, along with tips on reducing food waste and making the most of seasonal produce develops resources to support consumers. Despite these efforts, the cost of groceries, including fresh produce, remains a significant concern for many Canadians. Trans Globe is fully committed to supporting the food industry and helping consumers by ensuring the efficient transportation of Fresh fruit and vegetables. We are leveraging advanced logistics technologies, optimizing our supply chain, and collaborating with key stakeholders to mitigate the impact of rising costs. Our goal is to maintain affordability and reliability, ensuring that fresh produce and other essential items remain accessible to all Canadians. #freshproduce #transportation #farmtotable #agriculture