Malaysian hawkers forced to scale up prices as costs triple
Hawker Mimi, 58, said that although the cost of raw materials has increased tremendously, she has not had the courage to raise her food prices too much. She said that over the…
Inflation
3.9% March inflation seen: Philippine central bank
At the moment, the central bank is still concerned about higher transport charges and electricity rates, as well as costlier oil and domestic food prices. The central bank is also…
It’s nice to see a price drop
Aside from the more affordable imported white rice, PM Anwar also wants authorities to conduct regular monitoring and enforcement to ensure sufficient supply of local white rice…
Why do high prices persist despite government steps?
Without guaranteeing adequate supply based on proper assessment of demand and active monitoring, price control measures are not going to bear fruit.
37.7 million suffered food insecurity in Bangladesh last year
This implies a high probability of reduced food intake, and it can lead to severe forms of undernutrition, according to a recent report by Bangladesh Bureau of Statistics.
Reject traders who sell food at inflated prices: Malaysian minister
Despite the surge in food prices at Ramadan bazaars, she said consumers should be discerning and wield their influence to refuse purchases from traders charging excessive amounts.
An apple a day fritters savings away? Apple price rises to all-time high
The wholesale price of 10 kilograms of apples as of Tuesday was 91,700 won (US$70), more than double the 41,060 (US$31) won for same amount at the same time last year, according…
Indonesia vows to keep food prices stable during Ramadan
Indonesians have entered Ramadan with soaring food prices amid increased demand, and economists are predicting further hikes over the next two months.
Insane iftar market a mockery of price control measures
The price of onions have seen an unbelievable 223 per cent hike per kg compared to its price during the last Ramadan. The government's repeated assurances of stability in kitchen…
China’s consumer prices return to positive territory
The country's consumer price index, a main gauge of inflation, rose by 0.7 percent year-on-year in February after a 0.8 percent decline in January, the National Bureau of…