Chocolate makers' prospects sour as cocoa prices spike
Consumers in Europe and North America have already seen price increases of about 20% over the past two years and are starting to cut back on the amount of chocolate they buy, reports show.
Fahmi slams reports on looming price increase
The communications and digital minister asks how the media outlets in question arrived at this conclusion.
World food prices fall again in June, UN says
FAO says the higher forecast is almost entirely driven by better prospects for global wheat production, with the forecast lifted by 0.9% to 783.3 million tonnes.
World food prices rise for first time in a year
Reports say the April rise reflected higher prices for sugar, meat and rice, which offset declines in the cereals, dairy and vegetable oil price indices.
Cost inflation is slowing but shoppers may not see lower prices soon
Rising expenses have hit the packaged goods industry hard over the past two years, prompting companies to hike prices and helping fuel a cost-of-living crisis in many parts of the world.
Reduce role of middlemen to control prices, says Anwar
The prime minister says the price of goods can be controlled if middlemen are not involved or take only reasonable profits.
Chicken and egg prices to be floated after June
Agriculture and Food Security Minister Mohamad Sabu says this is part of the government's efforts to overcome food shortages in the country.
Economist schools Rafizi after 'avoid buying chicken' comment ruffles feathers
Noor Azlan Ghazali says the economy minister's remarks leave questions to be clarified.
More to high prices than consumer behaviour, economist tells Rafizi
Carmelo Ferlito says the government should also look at its own fiscal policies, citing excessive money in the market due to the implementation of relief packages.
Oil prices could fall without further Opec+ cut, analysts say
The group agreed in early October to cut its oil production target by 2 million bpd from November until the end of 2023.
Bread prices jump by nearly a fifth in EU as war in Ukraine weighs
Global wheat prices have surged after the war halted grain exports from the Black Sea for months and restricted fertiliser shipments.
New mechanisms needed for debt stress as poor countries hit by surging prices, says IMF
Spikes in food and energy prices are hitting low-income countries particularly hard, and they may need more grants and highly concessional financing.
