#grocery-price-inflation

#grocery-price-inflation

Agricultural groups say rising diesel prices and broader input costs are leaving many producers operating on unsustainable margins, with some warning that 'direct action' could follow if ministers fail to respond.

Many long-haul truckers in China have a tight budget and live frugally on the road, sleeping and cooking in their vehicles. The pain at the pump is forcing some drivers to rethink their lives.

Shipping costs have increased by more than 10 percent in the past month due to the US-Israel war on Iran. The 60-day waiver for the Jones Act aimed to lower energy costs but has had little impact on oil prices, which continue to rise amid the ongoing conflict.

Shrinkflation has entered the Brazilian economy, with companies changing their presentation to include fewer quantities while keeping prices the same, leading to hidden inflation.

"The people in the market are obviously going to be feeling like everyone else, very concerned," he said, pointing to the cumulative impact of rising business rates, tariffs and supply chain disruption.

High energy prices are kryptonite for the housing market. Affordability, especially for those first-time home buyers, is now an elusive dream until oil prices come down and interest rates come down.

From Minnesota to Mississippi we're lifting up our hard working farmers and ranchers and growers and we're putting more money in American pockets. We're going to prove that the golden age of American agriculture is right here and right now.

Outside, it's an overcast and blustery February day in Kent hardly the ideal conditions for growing tomatoes, cucumbers and peppers. Yet inside the enormous glasshouses run by grower Thanet Earth, the climate has been optimised to a humid 20C, perfect for the regimented rows of small pepper plants poking out of raised trays. Growing fresh produce indoors in the south of England year-round requires plenty of energy to provide light, warmth and carbon dioxide.