India’s retail inflation rises to 7 per cent in August on high food prices
Retail inflation has now been above the Reserve Bank of India’s tolerance band for the eighth consecutive month.
Japan’s Meiji to up milk, yogurt prices
The markups come as raw milk prices are set to be hiked in November 2022, with rivals possibly following suit.
Thai government freezes price of LPG cooking gas
The government hopes this will lessen the impact of rising energy prices.
After Chuseok holiday, Koreans to face further restaurant inflation
The average price of gimbap, a budget-friendly meal, surged 2.6 percent to surpass the 3,000 won ($2.2) mark as of August compared to a month earlier.
Govt will likely provide ¥50,000 handouts to low-income households
With the lingering impact of price increases, they will emphasise energy and food products as a key area for countermeasures.
Malaysia’s vegetable prices expected to soar due to continuous rain
The Malaysian Meteorological Department forecast that the rainy season would continue for the next few months.
Protesters call on Indonesian government to reverse fuel price hike
Thousands of police were deployed across Jakarta, many guarding gas stations, fearing those could become targets of mounting anger.
Sustainable rice project lifts incomes of smallholder farmers in Thailand
19,000 farmers saw incomes increase by over 20 per cent through successful public-private partnerships.
Indonesia’s farmers yet to benefit from crude palm oil levy waiver
Previously, the government had announced a slashing of export levies for all palm oil derivative products until Aug 31 to boost exports and ease high domestic inventories.
China heat wave pushes up prices as hens lay fewer eggs
Multiple major cities in China have recorded their hottest days ever this year, and the country's national observatory issued a red alert on Aug 29.