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IMPACT ON FOOD PRICES
US inflation picked up as gas prices marched higher due to conflict in the Middle EastUS inflation held at 3.4% in August from a year earlier, while monthly consumer prices accelerated 0.4% as renewed Middle East fighting pus...- US diesel prices soar past $6 a gallon, deepening strain for hauling everyday goodsIn the U.S., diesel prices have soared to unprecedented levels, surpassing six dollars a gallon. This spike is primarily caused by tensions...
- IMF say global growth on track to reach 3% in 2026, but risks remain highThe global economy has weathered the energy shock better than feared. Economic output is still expected to expand by about three percent in...
- ECB raises interest rates as Iran war fans inflation fearsThe European Central Bank has taken another bold action by raising interest rates for the second occasion within the year. This effort is d...
- Nestle CEO says Middle East conflict driving inflation, higher supplier costsNestle is increasing prices and reducing product offerings to manage rising costs. Higher energy and raw material expenses are impacting su...
- ECB raises interest rates as Iran war fuels inflation fearsThe European Central Bank increased interest rates again this year. This action aims to control inflation fueled by energy prices and confl...
- Global Market: European shares edge higher ahead of ECB rate decisionEuropean shares edged higher after their sharpest one-day decline in two months, as investors awaited an expected ECB rate hike and Christi...
- Global Market | BOJ may speed up rate hikes amid inflation, weak yen risks: MasuBOJ board member Kazuyuki Masu has signalled that the central bank may need to raise rates quickly if inflation accelerates, strengthening ...
- US sanctions on Iran: Basmati demand stays strong, pharma and livestock exporters face new hurdlesIranian demand for Indian basmati remains resilient despite tougher US sanctions, but exporters are facing rising shipping, insurance, and ...
- Your sweet tooth craving may get a little more expensiveRising sugar prices are pushing packaged food companies towards another round of price hikes or smaller pack sizes. Bikaji Foods is rolling...
- ETMarkets Smart Talk | Don't dismiss 7.8% GDP growth as a statistical upgrade; the acceleration is real: Garima KapoorAccording to Garima Kapoor, Deputy Head of Research and Economist at Elara Capital, it would be wrong to dismiss the growth number as merel...
- US diesel prices hit a record high, pushing up transportation costs for a long list of goodsDiesel prices soared to unprecedented levels in the United States on Friday, primarily due to the six-month conflict involving Iran. This r...
- Adverse weather, lower Brazil output, India's duty-free imports push global sugar prices up 11.9%: FAOGlobal sugar prices rose sharply in August, driven by adverse weather and El Nino impacts. Lower production in Europe and Asia contributed ...
- US diesel prices hit a record high of $5.85 as Iran war disrupts the flow of fuelUS Iran war: Diesel fuel has reached an unprecedented average price of $5.85 per gallon. This surge is directly linked to the ongoing six-m...
- India’s farm policy needs a reset amid concerns over ethanol push, subsidies: Agri expert Devinder SharmaSharma warns that ethanol-led changes in cropping patterns may create an environmental problem over the longer term.
- Farming experts tout 'conscious' food systems to fix agriculture woesWorldwide, farmers are grappling with severe challenges related to climate change and financial pressures that threaten food security. Spec...
- Tyson Foods cuts annual profit forecast again as beef pressure drains marginsTyson Foods has revised down its profit and sales targets for fiscal 2026 due to rising challenges within the beef segment. The company ant...
- India's strong economic momentum continues despite global uncertainties, says Chief Economic AdviserIndia's economy shows strong near-term momentum, driven by domestic factors and exports. The Reserve Bank of India's deposit mobilisation o...
- ET Product of the Year Awards 2026: Where consumer products meet real-world relevanceThe Economic Times Product of the Year Awards 2026 are evolving their focus from mere launch promises to tangible post-market success. This...
- Food inflation composition shifts as protein-rich items, processed foods drive price pressures: Finance Ministry ReportIndia's food inflation is undergoing a shift in its composition, with protein-rich items, processed foods and edible oils emerging as major...
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