Category: food price inflation

Consumers Warned High Price of Australian Fresh Food Here to Stay

May 26, 2023
agricultureAustraliaAustralian economyAustralian inflationfood price inflationWorld
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The high price of fresh fruit and vegetables won’t come down anytime soon according to fresh food suppliers. Speaking at a food security inquiry Claire McClelland from the Australian Fresh Produce Alliance said continuing high inputs for producers is keeping prices high. “Once a price is up it very rarely goes back down … once…

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Food Inflation Could Hit 9.6 Percent in 2023, USDA Says

April 12, 2023
Business & Marketseconomyfood price inflationfood pricesinflationUSUS NewsUSDA
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The U.S. Department of Agriculture (USDA) predicts food prices for the year will hit 9.6 percent, according to the department’s  Food Price Outlook report published in late March. Overall, food prices are expected to grow more slowly in 2023 than they did in 2022, but remain above historical average rates, according to the report. Forecasts…

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