Browsing Tag
Food Prices
6 posts
Rising Burger Costs Fail to Boost Farmer Profits
While consumers face 'burgerflation' and rising prices for summer food staples, farmers and small-scale food producers report that these increased costs are not translating into higher profits for them.
UK food costs drop but inflation is projected to rise
Inflation in the UK slowed to 2.6% in June due to lower fuel and food costs, though experts anticipate a rebound as energy prices climb.
Food Prices Climb Despite Overall Inflation Slowdown
Although headline inflation saw a marginal decline in June 2026, the cost of food items continued to climb across various regions, driven by higher prices for essential produce and grains.
Shortages and inflated costs drive preference for stockfish heads in Lagos markets
Rising market prices and supply constraints have led Lagos shoppers to prioritize stockfish heads over traditional cuts, citing both cost-efficiency and superior flavor in local soups.
Healthy Food Daily Cost Climbs to N1,589
The National Bureau of Statistics reported a 3.12 percent rise in the daily cost of a healthy diet to N1,589 in April 2026, driven by widespread food price increases.
Kaduna residents face high living costs ahead of upcoming Sallah festivities
Residents in Kaduna are facing steep price hikes for food and rams ahead of the May 26 Sallah celebration, though many remain dedicated to their religious obligations despite the economic challenges.