Posts Tagged ‘food price’
Food Prices Turmoil Hits Poor
Wednesday, September 9, 2009 20:58 No CommentsAccording to the UN, rampant speculation on food prices is to prevent poor countries from using the financial markets for traditional hedging purposes.
As the price volatility skyrockets, the UN’s Conference on Trade and Development called for an regulatory crackdown on the commodity markets in an alarming report. As banks, hedge funds and fund managers boosted [...]
Food Price Inflation Slows Again
Wednesday, August 5, 2009 7:41 No CommentsFood prices are rising at their lowest level for more than a year-and-a-half, figures revealed today.
According to British Retail Consortium statistics, it is shown that the food inflation stood at 3.8% in July, which is a considerable slowdown from the 5.6% increase in prices reported in June. This news confirms a four-month consecutive decline for [...]
