Average price level for food across countries, regions and on a global scale
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Grocery prices will continue to hit Kiwi consumers and our economy hard. A report by the Commerce Commission shows prices are increasing again this year after appearing to stabilise last year. It's revealed we now pay the fifth highest grocery prices in the developed world. Grocery Action Group Chair Sue Chetwin told Mike Hosking the competition in New Zealand isn't particularly healthy. She says that unless the two major supermarkets know that they're going to face proper regulation or something big will happen to them, they can continue to charge high prices. LISTEN ABOVE See omnystudio.com/listener for privacy information.
Competition's lacking in the supermarket sector and Kiwis are struggling to put food on the table. The Commerce Commission's Annual Grocery Report's revealed our grocery prices are the fifth-highest in the developed world. It highlights the market isn't supportive of new players, and major supermarkets continue to wield power over smaller stores. Grocery Commissioner Pierre van Heerden says extra competition is key to bringing prices down more. "That's why we're so focused on using all the tools we have available to ensure that we do get competition going in the market for the long term." LISTEN ABOVESee omnystudio.com/listener for privacy information.
Oliver Browne, Accounting Lecturer in University College Cork and consumer commentator, discusses rising food prices
BEEF: The market's still sliding, but not as fast as you'd think with production this tight. Ribeyes and tenderloins? We may have already hit the year's low – so is an expensive holiday season inevitable? Thin meats are dropping, grinds dipped too, but this market's playing a long game.POULTRY: Chicken production is holding strong – wings are steady, breasts are ticking up, and tenders dipped a bit. Demand isn't going anywhere, but will prices stay calm? Plus, we're a month Avian flu-free – can we keep the streak alive?GRAINS: Strong crops, weak exports, and tariff concerns are pushing corn, soy, and wheat lower. Prices are slipping – but is this a true bargain, or just the calm before another shakeup?PORK: The pork market's moving lower – and even bellies are along for the ride. Is this a one-week blip or the start of an early slide? We'll need another week to see where this goes.DAIRY: After weeks of slipping, butter's starting to climb again – but is it just a pause or a new trend? This week's calm might be the quiet before the next churn.Savalfoods.com | Find us on Social Media: Instagram, Facebook, YouTube, Twitter, LinkedIn
David Murphy, Economics and Public Affairs Editor, reports that food prices are estimated to have risen by 4.6% over the last 12 months, according to new figures from the Central Statistics Office.
Food inflation figures are beginning to ease year-on-year, but some key categories remain elevated. The figure is sitting at three percent for the June quarter, down point-2 of a percent on the previous reading. Rural Editor Emily Minney spoke with Rabobank's Senior Food Retail Analyst Michael Harvey about the data.See omnystudio.com/listener for privacy information.
BEEF: The summer slide continues. Ribeyes and strips are dragging the market down, and briskets and grinds are finally dipping – but don't let your guard down just yet. With production still sluggish, we've likely got a few more weeks of softness before fall starts cooking up something new.POULTRY: Demand is driving this market – wings, breasts, and tenders are all on the rise. With summer heat slowing growth and no sign of appetite cooling off, prices could keep climbing. Three Avian Flu-free weeks in a row? Let's hope the streak sticks.GRAINS: Crops look great and prices are steady – for now. With new tariffs on deck and shifting global demand, especially for soy, the calm could break. Keep your eyes peeled… August might shake things up.PORK: Bellies keep climbing – $200 is in sight – while everything else takes a breather. Butts and loins are easing down, making loins a standout value. If you're planning menus, now's the time to think pork.DAIRY: Things are calm in cheese country – just a slight move in block and barrel this week. Butter's taking the stairs down again, and it's not done dropping yet. Could be more room to melt.Savalfoods.com | Find us on Social Media: Instagram, Facebook, YouTube, Twitter, LinkedIn
with Brad Friedman & Desi Doyen
Our reporter Florence Okojie has been asking shoppers in Stillorgan and Sandymount about food prices
This business with the supermarkets and their pricing... Consumer NZ has launched a petition. They want change to stop prices being incorrectly labelled. So you go to checkout and scan receipts, something's different to what you expected. Then we would get a refund on the product, and the product for free. The idea is that if you make the punishment more than fit the crime, they'll stop doing it. Which I get. But the supermarkets reckon —and Consumer NZ calls this spin— that there's just too many products and they honestly make mistakes. More often than not the prices are out by a few cents - so $5.99 instead $5.95. The key question here is whether we think the supermarkets are doing this on purpose, or whether they're just large organisation that occasionally get small things wrong. And correct the errors when spotted. Refunds where necessary. If we're saying they are deliberately doing this, that's a whole other thing. I'm not saying the supermarkets should be given a Hall Pass here, but if we're talking about a few million dollars a year spread over a population of five million, plus the free products on top of refunds they'd have to fund... You've got to ask if the potential payoff is worth the cost of pushing a policy like this. See omnystudio.com/listener for privacy information.
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BEEF: Beef is finally cooling off—but is it enough? Strip loins and ribeyes are leading the decline, but ground beef and roasts are holding firm. With production still lagging behind last year, could this be the start of a slow slide or just a summer stall?POULTRY: Chicken remains the go-to protein, but how long can it hold? Wings are flying high on demand, breasts and tenders are steady, and production is slightly up. No new Avian Flu reports this week, which is always good news.GRAINS: Soybeans are about to stir things up. Despite strong supply and a promising crop, new demand for biofuel could send prices climbing fast. Will corn and wheat follow suit? Stay tuned.PORK: Bellies keep marching higher, and there's no sign of slowing. While other cuts ease off recent highs, bacon's sizzling summer run looks far from over – will August bring the peak, or just more heat?DAIRY: Dairy takes a dip across the board this week – but is it the bottom, or just the beginning? With block, barrel, and butter all sliding, the market may have more room to melt.Savalfoods.com | Find us on Social Media: Instagram, Facebook, YouTube, Twitter, LinkedIn
Following the passage of the “One Big Beautiful Bill,” major ag groups welcomed its passage which should benefit farmers, and USDA says per capita total U.S. food spending outpaces food prices from 2023 to 2024.
The H-2A program continues to grow, allowing eligible U.S. employers a way to hire foreign workers to fill seasonal and temporary labor needs, and USDA says per capita total U.S. food spending outpaces food prices from 2023 to 2024.
Households are still finding it tough to pay for the basics, with high prices not easing yet. Stats NZ has revealed the cost of food rose 4.6 percent in the 12 months to June. It's largely driven by double-digit increases for products like red meat, cheese and milk Infometrics principal economist Brad Olsen says the general economy is still experiencing intense price pressure and weakness - which isn't comforting. "Mince prices are now hitting nearly $22 a kilo. You can't even have a cheap mince meal at a cheap price." LISTEN ABOVESee omnystudio.com/listener for privacy information.
The UK rate of inflation has increased to an 18-month high of 3.6% to the shock of economists - and households are facing a new squeeze, with accelerating food, drink and fuel prices. The Standard's Business Editor Jonathan Prynn has the latest. And in part two, The Standard's comedy critic, Bruce Dessau is here with a preview of this year's Edinburgh Fringe Festival. Hosted on Acast. See acast.com/privacy for more information.
Beef: Beef prices are finally starting to cool after the July 4th holiday – but how fast will they fall, and which cuts will drop first? With low production still keeping things tight, we're not in freefall territory yet… but if you're buying ribeyes, strips, or grinds, you'll want to hear what's coming next.Poultry: Chicken remains the go-to protein, with wings in tight supply and prices climbing again. Breasts and tenders are steady for now – but with hot summer temps affecting animal intake and a new avian flu case on the radar, will this balanced market stay steady... or tip?Grains: Prices are down across corn, soy, and wheat, but with crops thriving in the fields and new tariffs shaking up export dynamics, how long will this calm last?Pork: Bacon lovers, brace yourselves—bellies are climbing and could hit $200 soon. But beyond bacon? The rest of the pork market is cooling off… for now.Dairy: A calm week on the dairy front—but is it the quiet before a dip? With butter holding steady and cheese prices barely budging, the market might just be gearing up for a slide.Savalfoods.com | Find us on Social Media: Instagram, Facebook, YouTube, Twitter, LinkedIn
PJ hears how food prices just keep going up, hears the story behind the American couple who had the most stunning proposal in Castlemartyr, talks to Bishop Deon K. Johnson from Missouri who is a triple first, First Immigrant, First Person of Color and first LGBTQ+ person to hold that office. Hosted on Acast. See acast.com/privacy for more information.
Supermarkets have denied accusations of price gouging, despite the price of meat increasing by 22% in the last year. The cost of a pound of butter has seen a 30% surge in the same time period.Charlie Weston, Personal Finance Editor at the Irish Independent and Jennifer Whitmore, Social Democrats TD for Wicklow, spoke to Matt on Friday's The Last Word.Hit the ‘Play' button on this page to hear the chat.
Conor Pope, Consumer Affairs Correspondent with the Irish Times
A round-up of the main headlines in Sweden on July 3rd, 2025. You can hear more reports on our homepage www.radiosweden.se, or in the app Sveriges Radio. Presenter/Producer: Kris Boswell
The days of cheap food are over! That is the warning coming from the Irish Creamery Milk Suppliers Association (ICMSA). The farming group was speaking in light of food inflation being double the rate of general inflation, with has resulted in many families being left with little option but to spend an additional €3,000 a year due to the rise in grocery prices. The ICMSA is pointing the finger of blame for the rising cost of produce at politicians, accusing them of “profound ignorance”. To discuss this furthere, Alan Morrissey was joined by Martin McMahon, Clare ICMSA Secretary and O'Callaghan's Mills farmer and Eddie Punch, Clare Farmers Rep and former General Secretary of the ICSA, Cratloe farmer.
Cindy Nichol is the powerhouse behind Sacramento's entire airport system—including SMF, Mather, Executive, and Franklin Field. As Director of Airports for Sacramento County, she's leading a $1.3 billion transformation while running an operation that functions more like a city than a terminal. On this episode, Cindy Nichol reveals what it takes to run an airport that operates like a city—and why SMF is preparing for the future. ✈️ How SMF is expanding to meet record passenger demand
On Wednesday's edition of SaskAgToday with Ryan Young: -The Low Yield Appraisal process has been improved by the federal and provincial governments. Chief Agricultural Editor of SaskAgToday.com Kevin Hursh weighs in on those changes. -We continue to highlight the Farmers & Food Prices report, released by APAS. -A market analyst provides his outlook for the next few weeks as volatility in the markets persist.
Beef is still riding high – tight supply, strong demand, and prices climbing week after week. But is relief finally in sight? You might want to stock up before the July 4th smoke clears…
Food prices have risen at their highest rate in 18 months, and inflation is heading towards the top of the Reserve Bank's 3 per cent target.
ICE is pausing immigration raids on restaurants, for now. Fast-food prices are slowing, but consumers haven't caught on. And a former Darden CEO has joined the board of Portillo's.
Right, let's deal to the economy. There were two interesting things yesterday. The first was the food price inflation number showed it is not contained. Why it is increasing beyond broad inflation is a many and varied thing, and the upside of these numbers is we can control them to a degree. You don't have to buy chocolate, given cocoa is through the roof. You don't have to buy butter, or a lot of dairy. Vegetables are up, but that is seasonal. Seasonal fruit and vegetables are always reasonably priced. Water though, which was the second thing, is not a luxury. Our bill arrived yesterday and, yet again, the price is going up, this time by 7%. It's like rates and electricity – they're all going up and they're all going up beyond the band of inflation. The trouble with this is severalfold. Firstly, this in and of itself is inflationary and it isn't productive. In other words, we are no better off. I still use the same water, it just costs more. Ideally what you want is more stuff done to produce the income to afford the bills. So if the cost of living is going up 3% and your income is going up 5%, we are okay and are ahead of the curve. This, sadly, is not happening. So we most likely have no growth driving the economy and yet we have increasing costs to operate that non-productive economy. That my friends is called stagflation. So, can we control Israel attacking Iran and the oil price spiking? No. Can we control the cost of the ship through troubled Middle Eastern waters? No. But can we control, to some degree, this incessant cost-plus accounting that's going on domestically by people who got the taste of price increases during Covid and basically never stopped? You would hope so. This is a central Government thing, especially given a lot of these businesses, weather and power companies, water agencies, or councils have a major central Government input. If the banks were right yesterday upon the release of the services sector numbers when they said this was an economy in recession, again, price rises in food and water aren't helping what is becoming an alarmingly large hole. See omnystudio.com/listener for privacy information.
On the Mike Hosking Breakfast Full Show Podcast for Wednesday the 18th of June, our food prices are on the way back up. Is it seasonal or is something happening behind the scenes? Our health stats are slowly trending in the right direction, and Health Minister Simeon Brown also answers the question as to why surgeries in public hospitals don't happen past 4pm. Ginny Andersen and Mark Mitchell talk Mark's lengthy trip over to China, scrutiny week, and the elective surgery load being taken on by the private sector on Politics Wednesday. Get the Mike Hosking Breakfast Full Show Podcast every weekday morning on iHeartRadio, or wherever you get your podcasts. LISTEN ABOVE See omnystudio.com/listener for privacy information.
It's being suggested the pricey cost of our food baskets is great for the economy but bad for our wallets. Food inflation has risen 4.4% annually, the highest in 18 months. Meat, poultry and fish had the biggest increases, while butter, milk and cheese drove grocery prices. Foodstuffs North Island CEO Chris Quin told Mike Hosking increases in foods like Kiwifruit and butter is fantastic for New Zealand's economy, but tough for households. Quin says they're doing everything they can, but they can't contain the same costs of energy and people. LISTEN ABOVE See omnystudio.com/listener for privacy information.
Food prices increased 4.4 percent in the 12 months to May 2025, following a 3.7 percent increase in the 12 months to April 2025, according to figures released by Stats NZ. Higher prices for the grocery food group and the meat, poultry and fish group contributed most to the annual increase in food prices. Infometrics Principal Economist Brad Olsen unpacks the factors behind this data. LISTEN ABOVESee omnystudio.com/listener for privacy information.
THE BEST BITS IN A SILLIER PACKAGE (from Wednesday's Mike Hosking Breakfast) Something's Not Right Here/What's Behind the Bans?/How Humiliating/Have I Just Been Fired?See omnystudio.com/listener for privacy information.
BEEFBeef remains pricey and hard to find – and even with harvest back up, prices are still climbing. Are we finally nearing a cooldown, or will thin meats keep leading this market higher into July?POULTRYChicken is still the go-to protein, but are we seeing the first signs of a shift? Breast prices dip slightly, tenders rise again, and wings climb – plus, a glimmer of good news on the avian flu front.GRAINSGrain markets are idling in neutral, with only slight bumps across corn, soy, and wheat. With strong supply and good weather, what would it take to finally shake these markets loose?PORKThe pork market is sizzling – bellies are on a summer run and bacon's about to get pricey. Will anything cool it down, or are we just getting started?Savalfoods.com | Find us on Social Media: Instagram, Facebook, YouTube, Twitter, LinkedIn
NBC's Christine Romans shares a summer price check on everything from gas to airfare to food. Also, Kirk Franklin joins to talk about his new dinner conversation series ‘Den of Kings,' where he sits down with Black men to discuss the hottest and latest topics. Plus, our Shop TODAY team weighs in on some of the internet's top trending products — and whether you should buy or wave bye to them. And, Jonathan Pryce stops by to catch up and discuss his role in the spy drama series ‘Slow Horses.'
Listeners respond to Relebogile Mabotja's open line question about access to food. 702 Afternoons with Relebogile Mabotja is broadcast live on Johannesburg based talk radio station 702 every weekday afternoon. Relebogile brings a lighter touch to some of the issues of the day as well as a mix of lifestyle topics and a peak into the worlds of entertainment and leisure. Thank you for listening to a 702 Afternoons with Relebogile Mabotja podcast. Listen live on Primedia+ weekdays from 13:00 to 15:00 (SA Time) to Afternoons with Relebogile Mabotja broadcast on 702 https://buff.ly/gk3y0Kj For more from the show go to https://buff.ly/2qKsEfu or find all the catch-up podcasts here https://buff.ly/DTykncj Subscribe to the 702 Daily and Weekly Newsletters https://buff.ly/v5mfetc Follow us on social media: 702 on Facebook https://www.facebook.com/TalkRadio702 702 on TikTok: https://www.tiktok.com/@talkradio702 702 on Instagram: https://www.instagram.com/talkradio702/ 702 on X: https://x.com/Radio702 702 on YouTube: https://www.youtube.com/@radio702 See omnystudio.com/listener for privacy information.
Tommy talks with Mike Strain, Commissioner of the Louisiana Department of Agriculture & Forestry, about food prices, Louisiana cattle, and more.
* With summer getting underway, that means higher temperatures and hot cars. * Checking in with Ag Commissioner Mike Strain about food costs, cattle, and more
President Donald Trump's trade threats and tariffs have brought uncertainty to markets worldwide. Canada has responded with its own counter tariffs. Should Ontarians expect to pay more at the grocery store? And is there a risk that companies could exploit the chaos and bump up sticker prices regardless? We discuss with Stuart Trew, director of the Trade and Investment Research Project at the Canadian Centre for Policy Alternatives; Mike von Massow, food economist and professor at the University of Guelph; Karl Littler, senior vice-president of public affairs at the Retail Council of Canada; and Tu Nguyen, economist and director of environmental, social, and governance for RSM Canada.See omnystudio.com/listener for privacy information.
Millions of Americans honored Memorial Day 2025 with travel, cookouts, and remembrance, despite high gas and food prices. Full story inside. https://www.clarkcountytoday.com/news/high-gas-food-prices-didnt-alter-memorial-day-plans-for-millions-of-americans/ #ClarkCounty #localnews #MemorialDay #gasprices #foodprices #travel #cookouts #AAA #TheCenterSquare
I hope you are following the butter debate, specifically the Costco part of it. Why? Because it's an insight into how the world works, especially the economic world, and why Nicola Willis and her crusade to convince us supermarkets are ripping us off might be wrong. Willis sighted Costco the other day when she once again reminded us she is back to business on the supermarkets and looking to break them up, or twist their arms, or regulate them where it hurts, so we can all feel so much better about the price of a trolley full of goods. What she knew, she said, was competition is good for prices. As I tried to say, that is school cert economics and, although partially right, isn't the whole answer. Butter at Costco is $10 per kilo. Elsewhere you can pay $10 and get half that. In that very example is part of the story - it costs different amounts all over the place on any given day, depending on where you go, or when you go. It's a bit like petrol. Also a bit like petrol, the end price is driven by international pricing. We pay international prices because we make the stuff and sell it. Its how we make a living and we should be celebrating this. If farmers weren't doing so well we would be truly stuffed. Costco, because they are large, as in globally large, buy more of anything than anyone here locally. Because of that their price per unit drops and their margins are smaller. Scale counts Also, as the consumers group pointed out, it's a loss-leader for Costco. In other words they are losing money on every pack they sell. Why? Because it gets you in the store to buy other stuff. Remember, at Costco you have already paid a membership fee to be there. So their butter isn't really $10 per kilo. They are eating the difference, as Trump would say, in the hope you buy stuff in aisle eight. Lots of supermarkets run loss leaders. They also put chocolate biscuits at eye line to tempt you. It's a clever business. But Costco and their butter is not a real economic equation. And there is no magic in their pricing, the way Nicola seems to think there is.See omnystudio.com/listener for privacy information.
This week, we discuss the U.S. fiscal pivot, soaring deficits, and what it means for bond markets, Bitcoin, and global capital flows. We also debate whether Japan is the canary in the coal mine for sovereign debt risks, if QE is still politically viable, the housing market crisis, and why Bitcoin and foreign equities may be the only rational long-term trades. Enjoy! — Follow Tyler: https://x.com/Tyler_Neville_ Follow Quinn: https://x.com/qthomp Follow Felix: https://twitter.com/fejau_inc Follow Forward Guidance: https://twitter.com/ForwardGuidance Follow Blockworks: https://twitter.com/Blockworks_ Forward Guidance Newsletter: https://blockworks.co/newsletter/forwardguidance Forward Guidance Telegram: https://t.me/+CAoZQpC-i6BjYTEx — Weekly Roundup Charts: https://drive.google.com/file/d/1zNQbt0lyXLmZQYf-56mneLpPxFNJ5y7h/view?usp=sharing — Join us at Permissionless IV June 24th - 26th. Use code FG10 for 10% OFF! https://blockworks.co/event/permissionless-iv — Blockdaemon is the gateway to the decentralized economy, securing over $110B in digital assets for 400+ institutions with blockchain nodes, APIs, MPC wallets and vaults, and staking solutions. Learn more: www.blockdaemon.com Arkham is a crypto exchange and a blockchain analytics platform. Arkham allows crypto traders and investors to look inside the wallets of the best traders, largest funds and most influential players in crypto, and then act on that information. Sign up to Arkham: https://auth.arkm.com/register?ref=blockworks Eligibility varies by jurisdiction. Users residing in certain jurisdictions will be excluded from onboarding. Echo Protocol is the first Bitcoin liquid re-staking and yield layer on MoveVM. As the second-largest protocol on Aptos by TVL, Echo secures nearly half of the network's bridged assets with ~$200M in aBTC minted. Check out https://www.echo-protocol.xyz/ to learn more! — Timestamps: (00:00) Introduction (01:46) Big Beautiful Bill (06:47) There's One Trade (09:39) Ads (Blockdaemon, Aptos, Arkham) (11:21) Government Spending Problem (14:10) US Economic Data (16:55) Housing Market Crisis (22:12) Global Collateral & JGBs (27:21) Food Prices & Labor (30:46) Ads (Blockdaemon, Aptos, Arkham) (33:10) Bond Yields & Inflation (38:32) Liquidity & Collateral Stress (42:03) US Equities Still Safe? (50:37) Final Thoughts — Disclaimer: Nothing said on Forward Guidance is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are opinions, not financial advice. Hosts and guests may hold positions in the companies, funds, or projects discussed.
Thor lets fast food places have it, calling out their increases in prices during this week's Midweek Meltdown
Thor lets fast food places have it, calling out their increases in prices during this week's Midweek Meltdown
Chat tonight middle east trip Trumps pole numbers food prices and lots of crazy stuff tune in live
Champagne, chocolate and coffee - three grocery items that Phil Lempert, the SupermarketGuru says, may be impacted by new tariffs. He tells us what to watch, how domino-effect of tariffs on prices, and how to shop SmartHER! Rundown: 00:00 Introduction to the Supermarket Guru 02:01 Understanding Grocery Store Operations 05:02 Impact of Tariffs on Food Prices 09:03 Supply Chain Dynamics and Consumer Behavior 12:13 The Role of Major Grocery Chains 15:05 Food Safety and Regulatory Challenges 19:57 Advice for Smart Grocery Shopping SUPPORT OUR MISSION Shop our gear! If you'd like to help support SmartHER News' mission of a free, independent, nonpartisan press – here's how you can become a SCOOP insider: https://www.scoop.smarthernews.com/get-the-inside-scoop/ Instagram: https://www.instagram.com/smarthernews/ Website: https://smarthernews.com/ YouTube Channel: https://www.youtube.com/smarthernews