Tag price

Former UN official: Explosive price increase

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Reading time: 2 minutes Global food prices have set new all-time highs, surpassing those of the 2008 crisis, but former Food and Agriculture Organization (FAO) chief Jose Graziano da Silva says market fundamentals are stable and these increases are artificial…

Kraft Heinz is planning more price increases

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Reading time: 2 minutes The American food group Kraft Heinz had more than expected results in the last quarter of 2021. However, the multinational says it will have to increase its snack and spice prices even further to offset the…

Hungary extends fuel price cap

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Reading time: 2 minutes Hungary will extend fuel price caps for another three months, Prime Minister Viktor Orban said on Saturday, the latest anti-inflationary measure announced by his government ahead of the April 3 elections, according to Reuters. For the…