In April 2025, the food price index in New Zealand had risen by around 2.1 percent in comparison to the same period of the previous year. The rising cost of food products contributed to the overall increasing cost of living in the country.

Cost of food in the United States increased 2.90 percent in May of 2025 over the same month in the previous year. This dataset provides the latest reported value for - United States Food Inflation - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The ongoing war between Russia and Ukraine has led to considerable human suffering and raised concerns regarding the potential implications for the global economy. Türkiye, as a neighboring country and a major player in the region, maintains close ties with Ukraine and Russia and heavily relies on agricultural imports from both countries making it susceptible to market shocks caused by the war. In this research paper, we examine the economic impact of war-induced soaring food prices on the Turkish economy using a Computable General Equilibrium (CGE) model, which is a widely used tool for simulating the effects of shocks and policy changes on a country’s economy. We considered two utility functions with varying elasticity parameters to explore both micro-level and macro-level impacts of the price shock, encompassing household demand, industrial production, price and trade dynamics, income, investment, and welfare implications. The findings reveal significant effects on agricultural imports of crops (wheat, maize, barley, rice, and cereal grains), fruit and vegetables, and oil products, leading to an increase in both import and domestic prices, resulting in food inflation in the country. Additionally, the findings show that while the trade balance for the agricultural sector improved, the services, manufacturing, and forestry sectors have experienced an increased trade deficit. Furthermore, the war has caused a decline in foreign direct investment flowing into the country. Finally, the war-led price shock resulted in an estimated income loss of 0.2 or 0.8 percent of real GDP depending on the utility function, and a significant welfare loss. Based on these findings, several policy recommendations were discussed. The findings of the study highlight the importance of considering the interplay between food prices and micro and macroeconomic indicators.

Cost of food in China decreased 0.40 percent in May of 2025 over the same month in the previous year. This dataset provides - China Food Inflation - actual values, historical data, forecast, chart, statistics, economic calendar and news.

In March 2020, due to the situation caused by the coronavirus pandemic (COVID-19) in Poland, almost half of the Polish consumers fear food price increases. Only 12 percent of respondents were not afraid of food shortage at all.

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Cost of food in European Union increased 3.60 percent in May of 2025 over the same month in the previous year. This dataset provides - European Union Food Inflation - actual values, historical data, forecast, chart, statistics, economic calendar and news.

ABSTRACT Food prices play a major role in setting inflation rates, and in recent years’ global climatic conditions has worsened a lot while global demand is increasing due to the growth of the middle class in countries such as China and India. Rising food prices remains a key concern for the government of Saudi Arabia. Saudi Arabia remains vulnerable to increases in food prices due to its high dependence on imports. The Saudi economy is an open-market based economy which is reflected by data of foreign trade with trading partners of the Kingdom. High degree of economic openness of a country causes the domestic inflation rate to be affected by change in the prices of goods in the country of origin. Saudi government is facing the challenge of limiting inflation amid a spike in global food prices. Another major challenge to the effectiveness of the Saudi monetary policy is the lack of autonomy due to the pegged exchange rate system with the US dollar. This paper attempts to study the market dynamics of the kingdom of Saudi Arabia, drivers responsible for inflation and measures that has been taken by the government to deal with the situation.

This statistic shows data on the development of consumer prices for food products in Germany in 2024, broken down by product group. That year, consumer prices for fruit increased by around 6.4 percent compared to the previous year.

Cost of food in India increased 0.99 percent in May of 2025 over the same month in the previous year. This dataset provides - India Food Inflation - actual values, historical data, forecast, chart, statistics, economic calendar and news.

When asked what changes they had seen in consumer behavior as of 2024 when buying produce, almost **** of the retailers across Canada reported that more consumers were purchasing discounted items or items with a promotion. About ** percent said that consumers were purchasing less expensive produce.

Cost of food in Canada increased 3.40 percent in May of 2025 over the same month in the previous year. This dataset provides the latest reported value for - Canada Food Inflation - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Food price inflation in Latin America and the Caribbean reached 147.11 percent in September 2024 compared to the same month the previous year. This dramatic increase reflects a persistent trend of rising food costs across the region, with some countries experiencing particularly severe inflationary pressures. The surge in food prices has significant implications for household budgets and food security throughout Latin America. Regional variations and contributing factors While the overall trend shows a sharp increase in food prices, there are notable differences among countries in the region. Venezuela and Argentina consistently rank among the nations with the highest food price inflation, while Panama and Ecuador have experienced relatively lower rates. The consumer price index for food in Latin America and the Caribbean jumped from 425.38 points in June 2023 to 1,223.53 points in June 2024, representing an increase of over 158 percent. This rapid escalation in food costs has put considerable strain on consumers across the region. Global context and consumer impact The food price inflation crisis in Latin America is part of a broader global trend. Zimbabwe, for instance, recorded the highest level of real food inflation worldwide between December 2023 and April 2024, with a 46 percent increase compared to the previous year. Argentina followed with a 20 percent increase. The impact on consumers is significant, with many finding it increasingly difficult to afford healthy and sustainable food options. In Argentina, 62 percent of respondents reported difficulty in purchasing such foods due to a lack of affordability, an increase of seven percentage points from 2021. Similar challenges were observed in other Latin American countries, including Peru, where the share of respondents reporting difficulties rose from 19 percent to 25 percent between 2021 and 2023.

The price of Dog And Cat Food in June 2023 was $2,425 per ton (CIF, Spain), showing no significant change compared to the previous month.

The Bank of Japan is vigilant about rising food prices impacting inflation, nearing its 2% target, and is prepared for potential rate hikes, as highlighted by Governor Kazuo Ueda.

Cost of food in Germany increased 2.80 percent in February of 2025 over the same month in the previous year. This dataset provides the latest reported value for - Germany Food Inflation - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

According to a June 2022 global survey, most e-shoppers reported rising prices for groceries being an issue while online shopping. Nearly 70 percent of shoppers in Brazil stated that increased food prices influenced their shopping behavior, while South Korea had the second-highest number of respondents reporting the issue, at 64 percent.

Online food market Worldwide, China is home to the largest online food delivery market by revenue. In 2022, China's online food delivery market was valued at roughly 310 billion U.S. dollars. The online food delivery market in the United States ranked second, with almost 185 billion U.S. dollars in revenue. The United Kingdom (UK) and India were among the leading countries, with 33 billion and 27 billion U.S. dollars, respectively. While China leads in revenue, online food delivery penetration is the highest in the UK. In 2022, almost three-quarters of UK shoppers purchased meals via the internet, whereas only slightly more than half of Chinese consumers had done the same.

Inflation hits grocery prices The impact of inflation on food prices can be seen throughout the world. In the United States, it has adversely affected online grocery since June 2021. For instance, year-on-year inflation for groceries stood at 13.6 percent in October 2022. Consumers in the UK are the most worried about rising food prices. In November 2022, eight out of ten UK shoppers expected grocery prices to rise further in the following months. In Europe, shoppers are changing their grocery purchasing habits due to inflation. Half of Europeans are trying private-label brands, and 35 percent are straying from their go-to brand. As a result of inflation, 14 percent are now shifting away from brick-and-mortar stores to online grocery shopping.

Cost of food in South Africa increased 4.80 percent in May of 2025 over the same month in the previous year. This dataset provides the latest reported value for - South Africa Food Inflation - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Since 2015, the consumer price index (CPI) of food in the United States has increased every year except for 2016, when the CPI decreased by *** percent. The increase of CPI for food compared to the previous year was the highest in 2022, at *** percent.

This statistic displays the share of consumers who agree that they are worried about rising food costs in Canada as of May 2019. Some 53 percent of survey respondents absolutely agreed that they were worried about rising food costs.

Egg prices are soaring, significantly impacting American budgets and inflation. Discover the reasons behind this rise and its effects on consumers and producers.