Thursday 5 May 2016
 
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Food prices

World food prices plunge to near seven-year low

World food prices stabilised in February near a seven-year low as rising vegetable oil and meat prices offset declines in cereals, sugar and dairy, the United Nations food agency said on Thursday. Food prices have fallen for four

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Saudi inflation likely to stay within 2.5pc

Saudi Arabia’s headline inflation is likely to remain at remain between 2.0 per cent to 2.5 per cent during the rest of the year, according to a new report from NCB, the largest bank by asset in the Arab world. Broad money s

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World food prices plunge to 6-year low in June

Global food prices fell in June, continuing an almost uninterrupted slide since April 2014, led by falling dairy and sugar prices, the United Nations food agency said on Thursday. The Food and Agriculture Organization's (FAO)

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Kuwait inflation seen at 3pc for 2014

Despite a marginal uptick in the consumer price index (CPI) in November, Kuwait’s inflation remained largely subdued during 2014 and is expected to end the year at an average of 3 per cent, a report said. The main source of

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World food price decline slows in October

World food prices edged lower in October, after a series of sharp declines, as prices of oils and sugar rose while dairy and meat prices fell, the UN's food agency said on Thursday. The Food and Agriculture Organisation's

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Declining food prices spark global deflation risk fears

International food prices have been declining in recent months, reflecting record harvests and weak global demand. Declining food prices have in turn contributed to lower inflation in the Eurozone, the United Kingdom (UK) and the United

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Declining food prices spark global deflation risk fears

International food prices have been declining in recent months, reflecting record harvests and weak global demand. Declining food prices have in turn contributed to lower inflation in the Eurozone, the United Kingdom (UK) and the United

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World food prices jump again in March

Global food prices rose to their highest in almost a year in March, led by unfavourable weather for crops and political tensions over Ukraine, the United Nations food agency said on Thursday. The Food and Agriculture Organisation&

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Global food prices drop in Jan, inventories strong

Global food prices fell in January, led by declines in the costs of sugar, vegetable oils, and cereals, the United Nations food agency said on Thursday, adding that robust inventories should contain prices in coming months. The Fo

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Global food prices steady in December

Global food prices were almost unchanged in December after staying flat the month before, but prices on average declined 1.6 percent in 2013 versus the previous year, the UN food agency said on Thursday. The Food and Agriculture O

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